Skip to main content

Table 8 The heterogeneous impact of digital adoption on efficiency quartiles

From: Digital adoption and efficiency in the maritime industry

 

Broadband Internet Connection

Enterprise Resource Planning

Customer Relationship Management

Ecommerce Website

Sophisticated Cloud Computing

1st Principal Component

1st Principal Component

Frontier growth

0.1955***

0.1865***

0.1925***

0.1905***

0.2055***

0.2095***

0.2245***

 

(0.0493)

(0.0482)

(0.0487)

(0.0487)

(0.0492)

(0.0504)

(0.0499)

Gap to frontier

0.0636***

0.0655***

0.0657***

0.0653***

0.0702***

0.0675***

0.0975***

 

(0.0302)

(0.0296)

(0.0301)

(0.0298)

(0.0314)

(0.0313)

(0.0225)

Age

− 0.000***

− 0.000***

− 0.000***

− 0.000***

− 0.000***

− 0.000***

− 0.000***

 

(5.29e-05)

(5.43e-05)

(5.41e-05)

(5.13e-05)

(5.02e-05)

(5.47e-05)

(5.49e-05)

Employees

0.0093***

0.0092***

0.0097***

0.0093***

0.0107***

0.0111***

0.0109***

 

(0.0123)

(0.0111)

(0.0123)

(0.0123)

(0.0124)

(0.0125)

(0.0133)

Quartile 2 (dummy)

− 0.0741***

− 0.0557***

− 0.0682***

− 0.0417**

− 0.0436**

− 0.0497***

 
 

(0.0229)

(0.0239)

(0.0253)

(0.0245)

(0.0204)

(0.0224)

 

Quartile 3 (dummy)

− 0.0809***

− 0.0605***

− 0.0777***

− 0.0463*

− 0.0468*

− 0.0542**

 
 

(0.0288)

(0.0304)

(0.0302)

(0.0313)

(0.0312)

(0.0299)

 

Quartile 4 (dummy)

− 0.0957***

− 0.0754***

− 0.0946***

− 0.0562

− 0.0564

− 0.0659*

 
 

(0.0368)

(0.0395)

(0.0409)

(0.0403)

(0.0403)

(0.0392)

 

Digital technology (Quartile 1)

0.0741***

− 0.0056

0.0895**

0.1115**

0.0563

0.0045**

 
 

(0.0431)

(0.0557)

(0.0549)

(0.0695)

(0.0846)

(0.0147)

 

Digital technology (Quartile 2)

0.1595***

0.0793**

0.1555***

0.0757*

0.0268

0.0048***

 
 

(0.0437)

(0.0512)

(0.0435)

(0.0554)

(0.0711)

(0.0148)

 

Digital technology (Quartile 3)

0.1685***

0.0828**

0.1715***

0.0804**

0.0373

0.0051***

 
 

(0.0463)

(0.0495)

(0.0402)

(0.0515)

(0.0663)

(0.0672)

 

Digital technology (Quartile 4)

0.1805***

0.0985***

0.1915***

0.0783**

0.0368

0.0059***

 
 

(0.0529)

(0.0491)

(0.0452)

(0.0527)

(0.0628)

(0.0141)

 

Digital technology

      

0.0034***

       

(0.0021)

Digital technology * gap to frontier

      

− 0.0052**

       

(0.0024)

R-squared

0.057

0.057

0.057

0.057

0.057

0.060

0.061

  1. ***, ** and * correspond to p < 0.01, p < 0.05 and p < 0.1 respectively. All regressions include division and country-year fixed effects and are grouped at the country-division level. Shipping firms being at the division-year frontier are not included into the regressions. Regressions are based on shipping firm-level data from the 27 EU countries and 2 divisions (NACE Rev.2, Section H) over the period 2015–2020 for firms with a minimum of 10 employees. To expand exposure, unweighted averages of each digital technology indicator have been used over the same period