Repozytorium publikacji - Politechnika Gdańska

The effects of information and communication technology (ICT) and financial development on growth are highly debated in the literature. Motivated by previous studies and their mixed results, in this study, we propose an analysis to re-examine the ICT-finance puzzle. We go beyond country-specific or sector-specific studies and conduct cross-country analysis with firm-level data. It enables obtaining a broad picture of the ICT-finance-growth nexus. Importantly, our analysis takes into account enterprises from emerging and transformation economies. This study aims threefold. First, we want to answer the question whether the usage of ICT and easier access to financial resources (lower finance constraints) are among the crucial determinants of firms’ performance (labour productivity). The second aim is to examine what the main determinants of firms’ involvement in internationalisation processes are and to what extent the usage of ICT and access to financial resources determine a company’s decision to enter foreign markets. This part of the analysis is rooted in Melitz (2003) model where firms’ heterogeneity is taken into account. Finally, we look more closely at the performance of enterprises during coronavirus disease of 2019 (COVID-19).

Autorzy

• dr hab. Joanna Wolszczak-Derlacz link otwiera się w nowej karcie