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    Estimating the impact of COVID-19 on small and medium scale enterprise: evidence from Nigeria.

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    Conference Paper (650.6Kb)
    Date
    2020
    Author
    Abioye, O.
    Adebayo, O.
    Kehinde, O.
    Type
    Conference Paper
    Review Status
    Peer Review
    Target Audience
    Scientists
    Metadata
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    Abstract/Description
    This paper examines the effect of COVID-19 related cases and lockdown measures on the issues related to Small and Medium Scale Enterprise in Nigeria. Using an electronic data collection approach, this study analyzes the data using the linear probability model to estimate the effect of the pandemic on the entrepreneurs and model the factors influencing coping strategies using a multivariate probit model. We found that majority of the entrepreneurs have been affected (both severely and slightly) by the COVID-19 pandemics through the partial and total lockdown and movement restrictions. We found that the COVID-19 pandemic's effect differs by sector of the economy (agriculture versus non-agriculture). For instance, partial lockdown measures had an increasing likelihood effect on low sales among the enterprises especially for the non-agricultural sector but there is a contrary result in the context of the food and agriculture sector. In addition, partial lockdown increases the likelihood of switching approaches of business (coping strategies) whereas total lockdown has a negative influence on the coping strategies. One of the policy implications of our study is the need to address social protection approaches (such as palliative measures) which can help to cushion the effect on the pandemic on the Small and Medium Scale Enterprise in Nigeria.
    Permanent link to this item
    https://hdl.handle.net/20.500.12478/7843
    IITA Subjects
    Agribusiness; Agronomy; Food Security; Livelihoods; Socioeconomy
    Agrovoc Terms
    Pandemics; Livelihoods; Entrepreneurs; Small Scale Farming; Agriculture; Nigeria
    Regions
    Africa; West Africa
    Countries
    Nigeria
    Hubs
    Headquarters and Western Africa Hub
    Collections
    • Conference Paper109
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