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Technology and Resilience / Xavier Cirera.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- Cirera, Xavier, author.
- Language:
- English
- Subjects (All):
- Digital Technology.
- Medical informatics.
- Physical Description:
- 1 online resource (40 pages)
- Place of Publication:
- Washington, D.C. : World Bank, 2022.
- Summary:
- This paper estimates the impact of technology sophistication pre-COVID-19 on the performance of firms during the early stages of the pandemic. It exploits a unique data set covering firms from Brazil, Senegal, and Vietnam, using a treatment effect mediation framework to decompose the results into direct and indirect effects. Increasing pre-pandemic technology sophistication by one standard deviation is associated with 3.8 percentage points higher sales. Both effects are positive, but the direct effect is about five times larger than the indirect effect. The total effect on sales is markedly nonlinear with significantly smaller estimates of the reduction in sales for firms with more sophisticated pre-pandemic technology. The results are robust to different measures of digital responses and matching estimators.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Publisher Number:
- 10.1596/1813-9450-9949
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