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A Reply to Campbell and Mau
[Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity]

Author

Listed:
  • Nicholas Bloom
  • Mirko Draca
  • John Van Reenen

Abstract

In Bloom et al. (2016, Bloom, Draca and Van Reenen (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 the adoption of Information Technology (IT). 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 one of these results, the effect of Chinese imports on patenting, is sensitive to specification changes. This article focuses on CM's critique of our count data models—we discuss other aspects of CM in a longer response.1
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Nicholas Bloom & Mirko Draca & John Van Reenen, 2021. "A Reply to Campbell and Mau [Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(5), pages 2560-2563.
    • Handle: RePEc:oup:restud:v:88:y:2021:i:5:p:2560-2563.
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    File URL: http://hdl.handle.net/10.1093/restud/rdab007
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    1. Nicholas Bloom & Mirko Draca & John Van Reenen, 2016. "Trade Induced Technical Change? The Impact of Chinese Imports on Innovation, IT and Productivity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 83(1), pages 87-117.
    2. Douglas L Campbell & Karsten Mau, 2021. "On “Trade Induced Technical Change: The Impact of Chinese Imports on Innovation, IT, and Productivity” [Foreign Competition and Domestic Innovation: Evidence from US Patents]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(5), pages 2555-2559.
    3. Richard Blundell & Rachel Griffith & John van Reenen, 1999. "Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(3), pages 529-554.
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    More about this item

    Keywords

    Innovation; China; Trade; Count Data; Replication;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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