G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5733
DP5733 Control Rights in Public-Private Partnerships
Abhinay Muthoo; Marco Francesconi
发表日期2006-06-23
出版年2006
语种英语
摘要This paper examines the frequency, pervasiveness and determinants of product switching among U.S. manufacturing firms. We find that two-thirds of firms alter their mix of five-digit SIC products every five years, that one-third of the increase in real U.S. manufacturing shipments between 1972 and 1997 is due to the net adding and dropping of products by survivors, and that firms are more likely to drop products which are younger and have smaller production volumes relative to other firms producing the same product. The product-switching behaviour we observe is consistent with an extended model of industry dynamics emphasizing firm heterogeneity and self-selection into individual product markets. Our findings suggest that product switching contributes towards a reallocation of economic activity within firms towards more productive uses.
主题International Trade and Regional Economics
关键词Heterogeneous firms Product differentiation Product market entry and exit
URLhttps://cepr.org/publications/dp5733
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/534570
推荐引用方式
GB/T 7714
Abhinay Muthoo,Marco Francesconi. DP5733 Control Rights in Public-Private Partnerships. 2006.
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