東京大学政策評価研究教育センター

CREPEDP-100

Number CREPEDP-100
Publication Date April 2021
Title The Return of the Dead? The COVID-19 Business Support Programs in Japan
Author Takeo Hoshi, Daiji Kawaguchi, and Kenichi Ueda
Abstract We designed and conducted a firm-level survey on the use of COVID-19-related government programs, in collaboration with Tokyo Shoko Research, LTD (TSR). Combining the survey results with the financial statements of the respondent firms, we investigated the factors behind the allocation of various government programs. We find that firms that had low credit scores before the COVID-19 pandemic were more likely to apply for and receive the subsidies and concessional loans offered by the Japanese government in 2020.
Other information Paper in English (64 pages)