Impact of COVID-19 on outputs of small and medium enterprises in Russia: A spatial view
DOI:
https://doi.org/10.22394/1993-7601-2025-79-122-143Abstract
This paper examines the impact of the COVID-19 pandemic on firm performance in different parts of Russia. We construct regressions explaining the revenue of small and medium-sized Russian firms, taking into account their individual, spatial, and regional characteristics. The strictness of the quarantine during the pandemic did not affect firm performance, while agglomeration effects and the situation in neighbouring regions became less influential on business performance during the COVID-19 pandemic. Fast-growing regions also stimulate the development of surrounding areas, while the impact of agglomeration effects on firms is weaker in Eastern Russia.Agencies
This article is an output of a research project implemented as part of the Basic Research Program at the National Research University Higher School of Economics (HSE University). This research was supported in part through computational resources of HPC facilities at HSE University. The author thanks her supervisor Olga Demidova, participants of ERSADownloads
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