Technology and Resilience

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...

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Main Authors:	Cirera, Xavier, Comin, Diego Adolfo, Cruz, Marcio, Lee, Kyungmin, Torres Coronado, Jesica
Format:	Policy Research Working Paper
Language:	English
Published:	Washington, DC: World Bank 2022
Subjects:	DIGITAL TECHNOLOGY SUPPLY CHAIN MANAGEMENT SYSTEM INNOVATION AND ENTREPRENEURSHIP TECHNOLOGY INDEX NATIONALLY REPRESENTATIVE SURVEY EFFECTS OF TECHNOLOGY
Online Access:	http://documents.worldbank.org/curated/en/564491646164406318/Technology-and-Resilience http://hdl.handle.net/10986/37052

id	okr-10986-37052
recordtype	oai_dc
spelling	okr-10986-370522022-03-30T14:33:44Z Technology and Resilience Cirera, Xavier Comin, Diego Adolfo Cruz, Marcio Lee, Kyungmin Torres Coronado, Jesica DIGITAL TECHNOLOGY SUPPLY CHAIN MANAGEMENT SYSTEM INNOVATION AND ENTREPRENEURSHIP TECHNOLOGY INDEX NATIONALLY REPRESENTATIVE SURVEY EFFECTS OF TECHNOLOGY 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. 2022-03-02T18:41:00Z 2022-03-02T18:41:00Z 2022-03-01 http://documents.worldbank.org/curated/en/564491646164406318/Technology-and-Resilience http://hdl.handle.net/10986/37052 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Policy Research Working Paper Publications & Research Africa Africa Western and Central (AFW) East Asia and Pacific Latin America & Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	DIGITAL TECHNOLOGY SUPPLY CHAIN MANAGEMENT SYSTEM INNOVATION AND ENTREPRENEURSHIP TECHNOLOGY INDEX NATIONALLY REPRESENTATIVE SURVEY EFFECTS OF TECHNOLOGY
spellingShingle	DIGITAL TECHNOLOGY SUPPLY CHAIN MANAGEMENT SYSTEM INNOVATION AND ENTREPRENEURSHIP TECHNOLOGY INDEX NATIONALLY REPRESENTATIVE SURVEY EFFECTS OF TECHNOLOGY Cirera, Xavier Comin, Diego Adolfo Cruz, Marcio Lee, Kyungmin Torres Coronado, Jesica Technology and Resilience
geographic_facet	Africa Africa Western and Central (AFW) East Asia and Pacific Latin America & Caribbean
description	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.
format	Policy Research Working Paper
author	Cirera, Xavier Comin, Diego Adolfo Cruz, Marcio Lee, Kyungmin Torres Coronado, Jesica
author_facet	Cirera, Xavier Comin, Diego Adolfo Cruz, Marcio Lee, Kyungmin Torres Coronado, Jesica
author_sort	Cirera, Xavier
title	Technology and Resilience
title_short	Technology and Resilience
title_full	Technology and Resilience
title_fullStr	Technology and Resilience
title_full_unstemmed	Technology and Resilience
title_sort	technology and resilience
publisher	Washington, DC: World Bank
publishDate	2022
url	http://documents.worldbank.org/curated/en/564491646164406318/Technology-and-Resilience http://hdl.handle.net/10986/37052
_version_	1764486512262512640

Technology and Resilience

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