Show simple item record

dc.contributor.authorBrown, Ross
dc.contributor.authorCowling, Marc
dc.date.accessioned2021-02-01T10:30:54Z
dc.date.available2021-02-01T10:30:54Z
dc.date.issued2021-01-28
dc.identifier.citationBrown, R., and Cowling, M. (2021). 'The geographical impact of the Covid-19 crisis on precautionary savings, firm survival and jobs: Evidence from the United Kingdom’s 100 largest towns and cities'. International Small Business Journal: Researching Entrepreneurship, pp. 1-11.en_US
dc.identifier.doi10.1177/0266242621989326
dc.identifier.urihttp://hdl.handle.net/10545/625570
dc.description.abstractIn this commentary, we trace the economic and spatial consequences of the Covid-19 pandemic in terms of potential business failure and the associated job losses across the 100 largest cities and towns in the United Kingdom (UK). The article draws on UK survey data of 1500 firms of different size classes examining levels of firm-level precautionary savings. On business failure risk, we find a clear and unequal impact on poorer northern and peripheral urban areas of the UK, indicative of weak levels of regional resilience, but a more random distribution in terms of job losses. Micro firms and the largest firms are the greatest drivers of aggregate job losses. We argue that spatially blind enterprise policies are insufficient to tackle the crisis and better targeted regional policies will be paramount in the future to help mitigate the scarring effects of the Covid-19 pandemic in terms of firm failures and the attendant job losses. We conclude that Covid-19 has made the stated intention of the current government’s ambition to ‘level up’ the forgotten and left-behind towns and cities of the UK an even more distant policy objective than prior to the crisis.en_US
dc.description.sponsorshipN/Aen_US
dc.language.isoenen_US
dc.publisherSAGE Journalsen_US
dc.relation.urlhttps://journals.sagepub.com/doi/full/10.1177/0266242621989326en_US
dc.subjectBusiness Failureen_US
dc.subjectCovid-19en_US
dc.subjectEconomic Inequalityen_US
dc.subjectJob lossesen_US
dc.subjectLevelling-upen_US
dc.titleThe geographical impact of the Covid-19 crisis on precautionary savings, firm survival and jobs: Evidence from the United Kingdom’s 100 largest towns and citiesen_US
dc.typeArticleen_US
dc.identifier.eissn1741-2870
dc.contributor.departmentUniversity of St Andrewsen_US
dc.contributor.departmentUniversity of Derbyen_US
dc.identifier.journalInternational Small Business Journal: Researching Entrepreneurshipen_US
dcterms.dateAccepted2020
dc.author.detail786785en_US


This item appears in the following Collection(s)

Show simple item record