G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28787
来源IDWorking Paper 28787
How is COVID Changing the Geography of Entrepreneurship? Evidence from the Startup Cartography Project
Catherine E. Fazio; Jorge Guzman; Yupeng Liu; Scott Stern
发表日期2021-05-24
出版年2021
语种英语
摘要Leveraging data from eight U.S. states from the Startup Cartography Project, this paper provides new insight into the changing nature and geography of entrepreneurship in the wake of the COVID pandemic. Consistent with other data sources, following an initial decline, the overall level of state-level business registrations not only rebounds but increases across all eight states. We focus here on the significant heterogeneity in this dynamic pattern of new firm formation across and within states. Specifically, there are significant differences in the dynamics of new business registrants across neighborhoods in terms of race and socioeconomic status. Areas including a higher proportion of Black residents, and more specifically higher median income Black neighborhoods, are associated with higher growth in startup formation rates between 2019 and 2020. Moreover, these dynamics are reflected in the passage of the major Federal relief packages. Even though legislation such as the CARES Act did not directly support new business formation, the passage and implementation of relief packages was followed by a relative increase in start-up formation rates, particularly in neighborhoods with higher median incomes and a higher proportion of Black residents.
主题Industrial Organization ; Firm Behavior ; Regional and Urban Economics ; Regional Economics ; COVID-19
URLhttps://www.nber.org/papers/w28787
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586489
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Catherine E. Fazio,Jorge Guzman,Yupeng Liu,et al. How is COVID Changing the Geography of Entrepreneurship? Evidence from the Startup Cartography Project. 2021.
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