In order to alleviate the economic shock by COVID-19, local governments implemented policies to overcome the crisis by providing small business merchants with emergency relief grants. In this study, we assess the emergency relief grants in Chungnam pr...
In order to alleviate the economic shock by COVID-19, local governments implemented policies to overcome the crisis by providing small business merchants with emergency relief grants. In this study, we assess the emergency relief grants in Chungnam province using a logistic regression model. The findings show that larger grants, speedier processing, older owners, and service industry related to more satisfaction with the grant policy. Therefore, we need to consider attentive policymaking, implying for instance procedural simplification, relief of conditions to get grants, and differential payment by industry.