The power of clans: How social capital sheltered firms during the COVID-19 pandemic

Article Business, Finance

COVID-19 social distancing measures and economic growth: Distinguishing short- and long-term effects

Badar Nadeem Ashraf et al.

Summary: Social distancing policies have both short-term adverse effects and long-term recovery effects on economic growth, with the recovery effect being three times higher.

FINANCE RESEARCH LETTERS (2022)

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Article Economics

Clans and calamity: How social capital saved lives during China's Great Famine

Jiarui Cao et al.

Summary: This paper examines the role of social capital in disaster relief during China's Great Famine and finds that counties with a higher clan density have significantly less increase in the mortality rate. The impact of social capital may have operated through enabling collective action against excessive government procurement.

JOURNAL OF DEVELOPMENT ECONOMICS (2022)

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Article Economics

Do green supply chain management practices improve organizational resilience during the COVID-19 crisis? A survival analysis of global firms

Muhammad Ullah et al.

Summary: This study investigates the role of green supply chain management (GSCM) practices in helping companies to withstand the buffer effect during the COVID-19 pandemic. The findings show that companies implementing GSCM practices are able to recover quickly in terms of market prices after experiencing shocks. The study emphasizes the new benefits of GSCM for companies facing global financial crises and highlights the implications for stakeholders in promoting environmental sustainability and resilience.

ECONOMICS LETTERS (2022)

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Article Economics

Covid and social distancing with a heterogenous population

Miltiadis Makris

Summary: A study builds an SIR model with various assumptions and calibrates it to UK data, comparing the predictive performance of different versions of the model. The research finds that policies that shut down some essential sectors may have a larger impact on the death toll than on infections and herd immunity.

ECONOMIC THEORY (2021)

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Article Business

The influence of clan culture on business performance in Asian private-owned enterprises: The case of China

Ming Ning Xiong et al.

Summary: This study explores the influence of clan culture on private-owned enterprises using statistical data from China, finding that clan culture inhibits the financial performance of enterprises while improving social performance, with the degree of regional marketization and social trust moderating this relationship. In summary, the study illuminates how clan protection affects the performance of private-owned enterprises.

INDUSTRIAL MARKETING MANAGEMENT (2021)

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Article Economics

Social capital and the spread of covid-19: Insights from european countries

Alina Kristin Bartscher et al.

Summary: The study found that increasing social capital leads to significantly fewer Covid-19 cases and excess deaths during the pandemic, highlighting the positive health impact of strengthening social capital.

JOURNAL OF HEALTH ECONOMICS (2021)

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Article Economics

A literature review of the economics of COVID-19

Abel Brodeur et al.

Summary: This article surveys the literature on the economic consequences of COVID-19 and governmental responses, covering topics such as data sets, techniques, social distancing, macroeconomic impacts, socioeconomic consequences, and public policy responses.

JOURNAL OF ECONOMIC SURVEYS (2021)

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Article Multidisciplinary Sciences