Autori
Nucci, Francesco
Ricchi, Ottavio
Puccioni, Chiara

Titolo
Digital Technologies and Productivity: a firm-level investigation for Italy
Periodico
Ministero dell'Economia e delle Finanze. Dipartimento del Tesoro. Working paper
Anno: 2022 - Fascicolo: 3 - Pagina iniziale: 1 - Pagina finale: 42

We use three integrated firm-level databases maintained by the Italian Statistical Institute (Istat). In one of them, based on firms’ responses to a detailed Survey on digital adoption, Istat has identified different groups of firms in terms of their pattern of use of digital technologies. Relying on this statistical work, we divide firms in two groups in our empirical investigation: the one with firms that extensively adopt digital technologies and the other with firms that do not. By considering digital adoption in the first group as a treatment, we employ the propensity score matching (PSM) approach combined with a difference-in-differences (DiD) analysis and establish more directly the causal impact of firm’s use of digital technology on productivity. We find that firms with high digital adoption have a rate of variation of labor productivity, between 2015 and 2018, which is, on average, 2.7 percentage points higher than that of firms with low digital adoption. We also detect heterogeneity in this result as the estimated effect is found to be stronger in manufacturing firms, small firms and young firms.



SICI: 1972-411X(2022)3<1:DTAPAF>2.0.ZU;2-Y
Testo completo: https://www.dt.mef.gov.it/export/sites/sitodt/modules/documenti_it/analisi_progammazione/working_papers/WP-3.pdf

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