Comin, Diego; Cruz, Marcio José Vargas da; Cirera, Xavier - National Bureau of Economic Research - 2022
This paper estimates the impact of technology sophistication pre-COVID-19 on the performance of firms during the early … mediation framework to decompose the results into a direct and an indirect effect. Increasing pre-pandemic technology … estimates of the reduction in sales for firms with more sophisticated pre-pandemic technology. Our results are robust to …