| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4029 |
| DP4029 Urban Labour Economic Theory | |
| Yves Zenou | |
| 发表日期 | 2003-08-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This Paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by US manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than 40% of firm output and almost half of existing products. The theoretical model incorporates heterogeneous firms, heterogeneous products, and ongoing entry and exit. In equilibrium, firm productivity is correlated with product fixed costs, with the most productive firms choosing to make the products with the highest fixed costs. Changes in market structure result in systematic patterns of firm entry/exit and product switching. |
| 主题 | Industrial Organization |
| 关键词 | Heterogenous firms Product differentiation Sunk costs Entry and exit |
| URL | https://cepr.org/publications/dp4029 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533006 |
| 推荐引用方式 GB/T 7714 | Yves Zenou. DP4029 Urban Labour Economic Theory. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Yves Zenou]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Yves Zenou]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Yves Zenou]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
