A reply to Campbell and Mau Nicholas Bloom, Mirko Draca and John Van Reenen, November 17th 2020

Van Reenen, John (2021) A reply to Campbell and Mau Nicholas Bloom, Mirko Draca and John Van Reenen, November 17th 2020. Review of Economic Studies. ISSN 0034-6527 (In Press)

Text (A Reply to Campbell and Mau Nicholas Bloom, Mirko Draca and John Van Reenen, November 17th 2020) - Accepted Version Pending embargo until 1 January 2100. Download (484kB) | Request a copy

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Abstract

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. This paper focuses on CM’s critique of our count data models – we discuss other aspects of CM in a longer response.

Item Type:	Article
Divisions:	Economics
Date Deposited:	23 Feb 2021 09:27
Last Modified:	24 Feb 2021 00:14
URI:	http://eprints.lse.ac.uk/id/eprint/108890

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