It takes the average reader and 42 minutes to read Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic by Nordine Abidi
Assuming a reading speed of 250 words per minute. Learn more
The COVID-19 pandemic has resulted in an unprecedented shock to firms with adverse consequences for existing productive capacities. At the same time, digitalization has increasingly been touted as a key pathway for mitigating economic losses from the pandemic, and we expect firms facing digital constraints to be less resilient to supply shocks. This paper uses firm-level data to investigate whether digitally-enabled firms have been able to mitigate economic losses arising from the pandemic better than digitally-constrained firms in the Middle East and Central Asia region using a difference-in-differences approach. Controlling for demand conditions, we find that digitally-enabled firms faced a lower decline in sales by about 4 percentage points during the pandemic compared to digitally-constrained firms, suggesting that digitalization acted as a hedge during the pandemic. Against this backdrop, our results suggest that policymakers need to close the digital gap and accelerate firms’ digital transformation. This will be essential for economies to bounce back from the pandemic, and build the foundations for future resilience.
Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic by Nordine Abidi is 42 pages long, and a total of 10,584 words.
This makes it 14% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 57 minutes to read Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic aloud.
Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic is suitable for students ages 8 and up.
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