Trade and diffusion of embodied technology: an empirical analysis

Ayerst, Stephen; Ibrahim, Fatimah; MacKenzie, Gaelan; Rachapalli, Swapnika Reddy

doi:10.1016/j.jmoneco.2023.05.002

Cited by 6 publications

(2 citation statements)

References 25 publications

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“…First, trade enables firms to obtain high-tech products from other regions, which greatly increases the likelihood of technology spillovers (Feng et al, 2019;Vujanović et al, 2022). Second, trade in intermediate products reduces enterprises' costs, allowing them to invest more in innovation activities, thus promoting technology diffusion (Xu and Chiang, 2005;Ayerst et al, 2023). Third, trade in final products increases the competition faced by enterprises, forcing them to increase innovation and productivity levels (Bloom et al, 2016) 1).…”

Section: Literature Review and Theoretical Hypothesesmentioning

confidence: 99%

Green digital finance and technology diffusion

Tan,

Cheng,

Liu

2024

Humanit Soc Sci Commun

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Technology diffusion is essential for sustainable development. However, traditional financing faces structural problems in supporting technological innovation and diffusion. Fortunately, greening and digitalisation have become important directions for the financial development. It’s well worth examining whether green digital finance would promote the diffusion of technology among regions. Therefore, this study explores the causal relationship between green digital finance and technology diffusion using the panel data of 35,532 ‘citing city-cited city’ pair observations from 2002 to 2015. Considering different spatial spillover effects of administrative boundaries and geographic distances, it applies and extends the classic spatial Dubin model with a dual-weighted boundary and distance. The main findings of this study are as follows. First, green digital finance shows significant and considerable spatial stimulus effects, particularly in terms of spatial diffusion across cities. A slight cumulative phenomenon is revealed for different technology diffusion durations. Green digital credit, investment, and support have better stimulating effects on technology diffusion. Second, digital economy and market integration are effective mechanism pathways during this stimulating process of green digital finance on technology diffusion. Digitalisation innovation has a better mechanism effect than others. Third, considering the direction of technology diffusion, the diffusion effect from the east-region cities was better than that from the central-west-region cities.

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Section: Literature Review and Theoretical Hypothesesmentioning

confidence: 99%

Green digital finance and technology diffusion

Tan,

Cheng,

Liu

2024

Humanit Soc Sci Commun

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“…Although there is a growing body of literature on how firms learn about products, operations, and technological innovation through their trade networks (e.g., Ayerst et al. [2020], Buera and Oberfield [2020], Rachapalli [2021]), the effect of firms' information exposure from their international business networks on safeguarding employee health, which goes beyond firms' production decision, remains largely unexplored. Understanding firm impact on employee well‐being is also of practical and academic importance (Christensen et al.…”

Section: Introductionmentioning

confidence: 99%

The Effect of Firms' Information Exposure on Safeguarding Employee Health: Evidence from COVID‐19

Liu

Lu²

2023

J of Accounting Research

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We show that information exposure through international business networks enables firms to take proactive measures that benefit employees and potentially the local community. Specifically, in the early days of COVID‐19, firms that have business networks with China and Italy are more likely to be aware of the severity of the disease, and proactively implement work‐from‐home (“WFH”) policies that can protect their employees. Using Safegraph foot traffic data, we find a higher stay‐at‐home ratio before local governments impose lockdowns in zip codes where firms have a larger information exposure. These areas are also associated with a lower spread of COVID‐19. Our main findings are more pronounced when local governments face constraints in quickly responding to COVID‐19 and when firms have a higher WFH capability or have more investors with socially responsible preferences. Collectively, we present evidence on the role of private corporations in mitigating the negative effects of a public health crisis before government intervention.

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Innovation or introduction? Impacts of the low-carbon city pilot policy on the pathways toward green technology progress

Wang,

Yao

2024

Heliyon

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Trade and diffusion of embodied technology: an empirical analysis

Cited by 6 publications

References 25 publications

Green digital finance and technology diffusion

Green digital finance and technology diffusion

The Effect of Firms' Information Exposure on Safeguarding Employee Health: Evidence from COVID‐19

Innovation or introduction? Impacts of the low-carbon city pilot policy on the pathways toward green technology progress

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