Navigating economic turmoil: Chilean businesses during COVID-19 lockdowns and vaccine rollouts

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dc.article.number100813
dc.catalogadorjwg
dc.contributor.authorPertuze Salas Julio Alberto
dc.contributor.authorMontegu J.P.
dc.contributor.authorGonzalez C.
dc.contributor.authorAraos R.
dc.contributor.authorDaza P.
dc.date.accessioned2024-05-30T16:00:01Z
dc.date.available2024-05-30T16:00:01Z
dc.date.issued2023
dc.description.abstractThis study evaluates the effects of COVID-19 lockdowns, differentiated by their stringency, on the sales of Chilean businesses across various size categories and industries throughout 2020 and 2021. It also explores the role of the vaccination campaign and the implementation of the Mobility Pass in mitigating the negative economic effects of stringent containment measures. Methods: The study uses administrative data from the Chilean Internal Revenue Service (SII), examining sales across different business sizes and industries, from March 2020 to December 2021. Through an econometric analysis, we estimate the effects of lockdowns on business sales during two distinct periods: initial reliance on dynamic non-pharmaceutical interventions (NPIs) pre-vaccine, and a subsequent stage characterized by high vaccine uptake and reduced NPI stringency. Results: Lockdowns significantly reduced sales across all business sizes and most industries during the first period, with microenterprises and certain service sectors experiencing the highest decline. The national vaccination campaign and the introduction of the Mobility Pass in the second period appears to have mitigated the negative effects of lockdowns, primarily benefiting micro and small firms. Conclusions: The study highlights the trade-offs between health and economic outcomes during the pandemic, stressing the importance to alleviate mobility restrictions post-vaccine rollout to ease the economic strain on businesses. The findings call for targeted support measures for MSMEs and vulnerable industries affected by NPIs.
dc.description.funderChilean Research and Development Agency
dc.description.funderFONDECYT
dc.description.funderANID
dc.fechaingreso.objetodigital2024-09-11
dc.fuente.origenScopus
dc.identifier.doi10.1016/j.hlpt.2023.100813
dc.identifier.issn22118845 22118837
dc.identifier.scopusidSCOPUS_ID:85173279570
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/86001
dc.identifier.wosidWOS:001221921900001
dc.information.autorucEscuela de Ingeniería; Pertuze Salas Julio Alberto; 0000-0002-3565-3672; 16896
dc.language.isoen
dc.nota.accesocontenido parcial
dc.publisherElsevier B.V.
dc.revistaHealth Policy and Technology
dc.rightsacceso restringido
dc.subjectChile
dc.subjectCOVID-19
dc.subjectLockdowns
dc.subjectMicro, small, and medium enterprises (MSMEs)
dc.subjectNon-pharmaceutical interventions (NPIs)
dc.subjectVaccination strategy
dc.subject.ddc330
dc.subject.deweyEconomíaes_ES
dc.titleNavigating economic turmoil: Chilean businesses during COVID-19 lockdowns and vaccine rollouts
dc.typeartículo
sipa.codpersvinculados16896
sipa.trazabilidadORCID;2024-05-27
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