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A Firm-level Analysis of the Impact of the Coronavirus Outbreak in ASEAN

A Firm-level Analysis of the Impact of the Coronavirus Outbreak in ASEAN
Date:
16 August 2021
Authors:
Wasim Ahmad, Rishman Jot Kaur Chahal, Shirin Rais
Tags:
ASEAN, COVID-19, Regulation and Governance

Print Article:

This study examines the impact of the coronavirus pandemic on economic integration in the ASEAN-6 region. The study finds that the pandemic’s impact can be easily traced using stringency, bilateral exports, and tourist arrivals, indicating significant implications for the economic integration process. The firm-level analysis suggests that although the coronavirus outbreak’s uniformly impacted firms, the extent of the effect varies across ASEAN-6 nations. Large firms are strongly impacted by the pandemic. Overall, the findings of this study are relevant for policymakers and academia.

This research was conducted as a part of the project ‘ERIA Research on COVID-19’ at the Economic Research Institute for ASEAN and East Asia (ERIA).

A Firm-level Analysis of the Impact of the Coronavirus Outbreak in ASEAN

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