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Comment on: “trade and diffusion of embodied technology: An empirical Analysis” by ayerst, ibrahim, mackenzie, and rachapalli

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  • Lenzu, Simone

Abstract

In this paper, I offer some comments on “Trade and Diffusion of Embodied Technology: An Empirical Analysis” by Ayerst, Ibrahim, MacKenzie, and Rachapalli. I emphasize certain aspects of the empirical analysis that are crucial to the message and interpretation of the results. Additionally, I discuss some limitations of the empirical analysis and highlight some interesting stylized facts presented in the paper, which might be worth exploring in future research.

Suggested Citation

  • Lenzu, Simone, 2023. "Comment on: “trade and diffusion of embodied technology: An empirical Analysis” by ayerst, ibrahim, mackenzie, and rachapalli," Journal of Monetary Economics, Elsevier, vol. 137(C), pages 146-149.
    • Handle: RePEc:eee:moneco:v:137:y:2023:i:c:p:146-149
    DOI: 10.1016/j.jmoneco.2023.05.006
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    References listed on IDEAS

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    1. Ernest Liu & Song Ma, 2021. "Innovation Networks and R&D Allocation," NBER Working Papers 29607, National Bureau of Economic Research, Inc.
    2. Jie Cai & Nan Li & Ana Maria Santacreu, 2022. "Knowledge Diffusion, Trade, and Innovation across Countries and Sectors," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(1), pages 104-145, January.
    3. Stephen Ayerst & Faisal Ibrahim & Gaelan MacKenzie & Swapnika Rachapalli, 2023. "Trade and Diffusion of Embodied Technology: An Empirical Analysis," Staff Working Papers 23-21, Bank of Canada.
    4. Grossman, Gene M. & Helpman, Elhanan, 1991. "Trade, knowledge spillovers, and growth," European Economic Review, Elsevier, vol. 35(2-3), pages 517-526, April.
    5. Wolfgang Keller, 2021. "Knowledge Spillovers, Trade, and FDI," NBER Working Papers 28739, National Bureau of Economic Research, Inc.
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    More about this item

    Keywords

    Technology diffusion; Trade; Knowledge spillovers; Patents; Innovation;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts

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