
Yes of course ! You can have different formats/containers/codecs/specs for capture, intermediate (post production) and final diffusion but you need to understand what your hardware and software stack is doing at every step and why you would need better quality.
For example if you do "8 bpc input -> multiple color grading in 8 bpc -> 8 bpc" output you can have weird artifact popping up and doing "8 bpc input -> multiple color grading in 16 bpc -> 8 bpc" instead can remove them. All depends on your actual content / editing / special effects of course.