A reply to Campbell and Mau

Bloom, Nicholas, Draca, Mirko and Van Reenen, John ORCID: 0000-0001-9153-2907 (2021) A reply to Campbell and Mau. Review of Economic Studies, 88 (5). 2560 – 2563. ISSN 0034-6527

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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

Item Type:	Article
Official URL:	https://academic.oup.com/restud
Additional Information:	© 2021 The Authors
Divisions:	Economics
Subjects:	H Social Sciences > HF Commerce
JEL classification:	F - International Economics > F1 - Trade > F14 - Country and Industry Studies of Trade F - International Economics > F1 - Trade > F13 - Commercial Policy; Protection; Promotion; Trade Negotiations; International Trade Organizations L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification and Scope, Age, Profit, and Sales L - Industrial Organization > L6 - Industry Studies: Manufacturing > L60 - General
Date Deposited:	23 Feb 2021 09:27
Last Modified:	01 Nov 2024 05:37
URI:	http://eprints.lse.ac.uk/id/eprint/108890

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