Impact of COVID-19 Pandemic on the Local Economy: Small Business Resilience and Supply Chain Dynamics

This research investigates the impact of COVID-19 on small businesses at a micro-level by focusing on firms in eight cities in California. While most studies in this field present evidence at an aggregate level, our study recognizes each local region’s idiosyncrasy. By analyzing the effectiveness of government emergency financial aid for small businesses at the city level, our goal is to help public policymakers design more specific solutions to target the problems faced by small businesses effectively due to the COVID-19 pandemic. Recognizing the critical role of small businesses as essential suppliers in local marketplaces, we aim to explain their impact on broader supply chain dynamics. We strive to provide valuable insights for policymakers and practitioners seeking to enhance supply chain resilience in the face of unforeseen disruptions.