El impacto de la pandemia COVID-19 en el desempeño financiero de las empresas turísticas, transporte y comercio de la provincia de Manabí-Ecuador

Abstract

Abstract: The COVID-19 pandemic had a significant impact on the performance of businesses around the world. In this degree work, the impact of the pandemic on the financial performance of companies in the commerce, transportation and accommodation sectors in the province of Manabí was analyzed. For this purpose, the indicators were evaluated according to the financial statements from 2017 to 2020 and counterfactual year 2020. A total of 977 companies were valued using the counterfactual method. The results indicate that the transport and storage sector was the most affected by the pandemic, considering that the mandatory confinement declared to mitigate COVID-19 reduced almost all demand and income; the tourism sector had the second largest economic impact based on the slow but steady recovery in demand for travel and food services. The impact on the commerce sector was less significant due to the consistency of the demand for essential products and services, as well as the increase in the demand for medical, hygiene and technological products.