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The pandemic has boosted firm investments in digital technologies

Research output: Other contribution

Abstract

The Covid-19 pandemic has forced firms to adapt their work processes to the infectious dynamic and the public health measures to contain it. Using survey data of almost 2,000 establishments in Germany, this column shows that the pandemic has accelerated the diffusion of digital technologies, especially in combination with working from home. Investments are particularly prominent in large establishments, while small and medium-sized establishments are less likely to invest in digital technologies and more likely to face financial or logistic barriers to investment. Investments vary a lot across sectors, but are less influenced by the current economic condition of the establishment.
Original languageEnglish
TypeOnline article
Media of outputVoxEU.org
PublisherThe Centre for Economic Policy Research (CEPR)
Place of PublicationLondon
Publication statusPublished - 5 Aug 2021

Publication series

NameVOXeu
PublisherThe Centre for Economic Policy Research (CEPR)

Bibliographical note

VoxEU.org – CEPR’s policy portal – was set up in June 2007 to promote "research-based policy analysis and commentary by leading economists". Vox's audience consists of economists working in the public sector, private sector, academia and media – as well as students of economics in the broad sense. Vox columns cover all fields of economics broadly defined and is widely read.

Keywords

  • COVID-19
  • pandemic
  • Germany
  • digital technologies

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