A Reply to Campbell and Mau
Author(s) -
Nicholas Bloom,
Mirko Draca,
John Van Reenen
Publication year - 2021
Publication title -
the review of economic studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 15.641
H-Index - 141
eISSN - 1467-937X
pISSN - 0034-6527
DOI - 10.1093/restud/rdab007
Subject(s) - productivity , economics , bloom , set (abstract data type) , international trade , international economics , macroeconomics , computer science , ecology , biology , programming language
In Bloom, Draca and Van Reenen (2016, “BDVR”) we have a set of nine results on the impact of Chinese trade. The first three showed that Chinese trade increased technical change in European firms measured by patents, productivity and IT adoption. The last six showed that Chinese trade led to reallocation towards more technologically advanced firms: those with more patents, higher productivity and IT adoption had faster growth and lower exit rates. Campbell and Mau (2020, “CM”) argue that the effects of Chinese imports on patenting are sensitive to specification changes.
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