Articles producció científica> Economia

Productivity and HGEs: resilience and recovery from the COVID-19 pandemic

  • Identification data

    Identifier: imarina:9326308
    Handle: https://hdl.handle.net/20.500.11797/imarina9326308
    Authors:
    Teruel, MercedesAmaral-Garcia, SofiaBauer, PeterCoad, AlexDomnick, ClemensHarasztosi, PeterPal, Rozalia
    Abstract:
    The impact of crises on firm performance has been studied widely. This paper explores the relationship between firms’ reaction to COVID-19 (in employment) and the adoption of digital technologies, taking into account their productivity, digitalisation level and high-growth episodes before the crisis. We match the EIB Group Survey of Investment and Investment Finance with ORBIS database for 27 EU Member States and the United Kingdom. We find that firms with higher productivity levels are less prone to decrease the number of employees in the short and long term due to the pandemic. High-growth enterprises are less likely to expect a reduction in the number of employees in the long term. Moreover, firms in highly digitalised sectors have a lower probability to reduce the number of employees. Finally, our results suggest that COVID-19 leads firms to increase their use of digital technologies, especially those that were already more digitalised.

  • Others:

    Author, as appears in the article.: Teruel, Mercedes; Amaral-Garcia, Sofia; Bauer, Peter; Coad, Alex; Domnick, Clemens; Harasztosi, Peter; Pal, Rozalia
    Department: Economia
    URV's Author/s: Teruel Carrizosa, Mercedes
    Keywords: Recovery Labour productivity Innovation Hges Digitalisation Covid-19 recovery organization labour productivity digitalisation covid-19 >
    Abstract: The impact of crises on firm performance has been studied widely. This paper explores the relationship between firms’ reaction to COVID-19 (in employment) and the adoption of digital technologies, taking into account their productivity, digitalisation level and high-growth episodes before the crisis. We match the EIB Group Survey of Investment and Investment Finance with ORBIS database for 27 EU Member States and the United Kingdom. We find that firms with higher productivity levels are less prone to decrease the number of employees in the short and long term due to the pandemic. High-growth enterprises are less likely to expect a reduction in the number of employees in the long term. Moreover, firms in highly digitalised sectors have a lower probability to reduce the number of employees. Finally, our results suggest that COVID-19 leads firms to increase their use of digital technologies, especially those that were already more digitalised.
    Thematic Areas: Management of technology and innovation Management General business,management and accounting Economics Economia Ciencias sociales Business, management and accounting (miscellaneous) Business, management and accounting (all)
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: mercedes.teruel@urv.cat
    Author identifier: 0000-0002-4104-7679
    Record's date: 2025-03-03
    Paper version: info:eu-repo/semantics/acceptedVersion
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Paper original source: Industry And Innovation. 30 (7): 895-918
    APA: Teruel, Mercedes; Amaral-Garcia, Sofia; Bauer, Peter; Coad, Alex; Domnick, Clemens; Harasztosi, Peter; Pal, Rozalia (2023). Productivity and HGEs: resilience and recovery from the COVID-19 pandemic. Industry And Innovation, 30(7), 895-918. DOI: 10.1080/13662716.2023.2236565
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2023
    Publication Type: Journal Publications

  • Keywords:

    Business, Management and Accounting (Miscellaneous),Economics,Management,Management of Technology and Innovation
    Recovery
    Labour productivity
    Innovation
    Hges
    Digitalisation
    Covid-19
    recovery
    organization
    labour productivity
    digitalisation
    covid-19
    >
    Management of technology and innovation
    Management
    General business,management and accounting
    Economics
    Economia
    Ciencias sociales
    Business, management and accounting (miscellaneous)
    Business, management and accounting (all)

  • Documents:

    DocumentPrincipal

  • Cerca a google

    Search to google scholar