On Trade Induced Technical Change: The Impact of Chinese Imports on Innovation, IT, and Productivity

成果类型:
Article
署名作者:
Campbell, Douglas L.; Mau, Karsten
署名单位:
New Economic School; Maastricht University
刊物名称:
REVIEW OF ECONOMIC STUDIES
ISSN/ISSBN:
0034-6527
DOI:
10.1093/restud/rdab037
发表日期:
2021
页码:
2555-2559
关键词:
摘要:
Bloom et al. (2016) find that Chinese import competition induced a rise in patenting, IT adoption, and total factor productivity (TFP) by up to 30% of the total increase in Europe in the late 1990s and early 2000s. We uncover several coding errors in an important robustness check of their patent results. When corrected, we find no statistically significant relationship between Chinese competition and patents. Other specifications in the original paper use a problematic log(1+ patents) transformation. This normalization induces bias given low average patent counts for firms in China-competing sectors and rapidly declining patents across the sample.
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