| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11509 |
| DP11509 Product Switching and the Business Cycle | |
| Andrew Bernard; Toshihiro Okubo | |
| 发表日期 | 2016-09-16 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | This paper explores role of product adding and dropping within manufacturing firms over the business cycle. While a substantial body of work has explored the importance of the extensive margins of firm entry and exit in employment and output flows, only recently has research begun to examine the adjustment across products within firms and its importance for firm and aggregate output and employment flows. Using a novel, annual firm-product data set covering all Japanese manufacturing firms with more than 4 employees from 1992 to 2006, we provide the first evidence on annual changes in product adding and dropping by continuing firms over the business cycle. We find very high rates of product adding and dropping by continuing firms between the last year of the recession and the first year of the subsequent expansion and offer an explanation and supporting evidence based on a “trapped factors” model of firm behavior. Abstract Keywords: product adding, product dropping, multi-product firms, trapped factors |
| 主题 | International Trade and Regional Economics |
| 关键词 | Product adding Product dropping Multi-product firms Trapped factors |
| URL | https://cepr.org/publications/dp11509 |
| 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/540323 |
| 推荐引用方式 GB/T 7714 | Andrew Bernard,Toshihiro Okubo. DP11509 Product Switching and the Business Cycle. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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