COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia:
This paper provides evidence on the impact of digitalisation on productivity in Slovenia during the COVID-19 crisis. The pandemic affected overall labour productivity negatively. Nonetheless, results show that firms that were more ICT-intensive before the pandemic experienced a smaller decline in th...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Paris
OECD Publishing
2023
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper provides evidence on the impact of digitalisation on productivity in Slovenia during the COVID-19 crisis. The pandemic affected overall labour productivity negatively. Nonetheless, results show that firms that were more ICT-intensive before the pandemic experienced a smaller decline in their labour productivity growth compared to their less ICT-intensive peers in the same 2-digit level sector. This resilience effect was strongest for firms that are integrated in global value chains. A second finding is that COVID-19 resulted in productivity-enhancing reallocation of labour to ICT-intensive firms, reflecting that these firms registered higher employment growth relative to their less ICT-intensive peers during the pandemic. A third finding is that high levels of state ownership in a sector was associated with less productivity-enhancing reallocation. This suggests that state-owned enterprises retained workers that could be redirected to more productive firms. Together, these findings highlight the potential of digitalisation to support resilience and stronger productivity growth, although labour market rigidities and state ownership hamper the positive impact of digitalisation |
| Beschreibung: | 1 Online-Ressource (27 Seiten) 21 x 28cm |
| DOI: | 10.1787/5f7e9340-en |
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| 520 | |a This paper provides evidence on the impact of digitalisation on productivity in Slovenia during the COVID-19 crisis. The pandemic affected overall labour productivity negatively. Nonetheless, results show that firms that were more ICT-intensive before the pandemic experienced a smaller decline in their labour productivity growth compared to their less ICT-intensive peers in the same 2-digit level sector. This resilience effect was strongest for firms that are integrated in global value chains. A second finding is that COVID-19 resulted in productivity-enhancing reallocation of labour to ICT-intensive firms, reflecting that these firms registered higher employment growth relative to their less ICT-intensive peers during the pandemic. A third finding is that high levels of state ownership in a sector was associated with less productivity-enhancing reallocation. This suggests that state-owned enterprises retained workers that could be redirected to more productive firms. Together, these findings highlight the potential of digitalisation to support resilience and stronger productivity growth, although labour market rigidities and state ownership hamper the positive impact of digitalisation | ||
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| indexdate | 2024-12-09T19:00:24Z |
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| language | English |
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| spelling | Borowiecki, Martin Verfasser aut COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia Martin, Borowiecki, Federico, Giovannelli and Jens, Høj Paris OECD Publishing 2023 1 Online-Ressource (27 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper provides evidence on the impact of digitalisation on productivity in Slovenia during the COVID-19 crisis. The pandemic affected overall labour productivity negatively. Nonetheless, results show that firms that were more ICT-intensive before the pandemic experienced a smaller decline in their labour productivity growth compared to their less ICT-intensive peers in the same 2-digit level sector. This resilience effect was strongest for firms that are integrated in global value chains. A second finding is that COVID-19 resulted in productivity-enhancing reallocation of labour to ICT-intensive firms, reflecting that these firms registered higher employment growth relative to their less ICT-intensive peers during the pandemic. A third finding is that high levels of state ownership in a sector was associated with less productivity-enhancing reallocation. This suggests that state-owned enterprises retained workers that could be redirected to more productive firms. Together, these findings highlight the potential of digitalisation to support resilience and stronger productivity growth, although labour market rigidities and state ownership hamper the positive impact of digitalisation Economics Slovenia Giovannelli, Federico ctb Høj, Jens ctb https://doi.org/10.1787/5f7e9340-en Verlag kostenfrei Volltext |
| spellingShingle | Borowiecki, Martin COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia Economics Slovenia |
| title | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia |
| title_auth | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia |
| title_exact_search | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia |
| title_full | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia Martin, Borowiecki, Federico, Giovannelli and Jens, Høj |
| title_fullStr | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia Martin, Borowiecki, Federico, Giovannelli and Jens, Høj |
| title_full_unstemmed | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia Martin, Borowiecki, Federico, Giovannelli and Jens, Høj |
| title_short | COVID-19 and productivity-enhancing digitalisation: Firm-level evidence from Slovenia |
| title_sort | covid 19 and productivity enhancing digitalisation firm level evidence from slovenia |
| topic | Economics Slovenia |
| topic_facet | Economics Slovenia |
| url | https://doi.org/10.1787/5f7e9340-en |
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