Is digital transformation a barrier to export reduction during COVID-19? The case of a developing country
Cogent Business and Management
; 10(2), 2023.
Article
in English
| Scopus | ID: covidwho-2322240
ABSTRACT
This paper investigates the impact of digital transformation on export reduction during COVID-19 by using unique data from Vietnamese manufacturing firms. Digital transformation reflects whether firms had already introduced digital technology before the COVID-19 outbreak or started using digital technology during the COVID-19 outbreak. Meanwhile, an export reduction is a partial de-internationalization in which firms decrease overseas sales. Estimation results from the instrumental variable probit method show that digital transformation has a negative effect on the probability of export reduction. This effect becomes particularly strong for micro, small and medium enterprises. Our findings have managerial implications for firm managers. © 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Language:
English
Journal:
Cogent Business and Management
Year:
2023
Document Type:
Article
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