Technological capacity and firms' recovery from Covid-19

被引：14

作者：

Doerr, S. ^{[1
]}

Erdem, M. ^{[1
]}

Franco, G. ^{[2
]}

Gambacorta, L. ^{[1
]}

Illes, A. ^{[1
]}

机构：

[1] Bank Int Settlements, Monetary & Econ Dept, Centralbahnpl 2, CH-4002 Basel, Switzerland

[2] Org Econ Cooperat & Dev, Econ Dept, 2 Rue Andre Pascal, F-75016 Paris, France

来源：

ECONOMICS LETTERS | 2021年 / 209卷

关键词：

Covid-19; Pandemic; Information technology; Crisis; Recovery;

D O I：

10.1016/j.econlet.2021.110102

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Can higher technological capacity help firms to recover quicker from recessions? Analysing the effects of the Covid-19 pandemic on firm revenues in several countries, we find that firms headquartered in jurisdictions with better digital infrastructure generated relatively higher revenue during the shock period. Improving a country's technological capability by one standard deviation is associated with a relative increase in revenues of the average firm by around 4%. The positive effect of technology is more pronounced among smaller firms, suggesting that it could have helped the recovery of SMEs. (c) 2021 Elsevier B.V. All rights reserved.

引用

页数：4

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