全球智库信息集成服务系统(G2TT): Product Mix and Firm Productivity Responses to Trade Competition

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w22433
来源ID	Working Paper 22433
	Product Mix and Firm Productivity Responses to Trade Competition
	Thierry Mayer; Marc J. Melitz; Gianmarco I.P. Ottaviano
发表日期	2016-07-25
出版年	2016
语种	英语
摘要	We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their best-performing products; and also extend the range of products sold to that market. We develop a theoretical model of multiproduct firms and derive the specific demand conditions needed to generate these product-mix reallocations. These demand conditions are associated with endogenous price elasticities that satisfy Marshall’s Second Law of Demand (the price elasticity of demand decreases with consumption). Under these demand conditions, our theoretical model highlights how the increased competition from demand shocks in export markets – and the induced product mix reallocations – induce productivity changes within the firm. We then empirically test for this connection between the demand shocks and the productivity of multi-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity is substantial – and explain an important share of aggregate productivity fluctuations for French manufacturing.
主题	Microeconomics ; Households and Firms ; International Economics ; Trade
URL	https://www.nber.org/papers/w22433
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580107
推荐引用方式 GB/T 7714	Thierry Mayer,Marc J. Melitz,Gianmarco I.P. Ottaviano. Product Mix and Firm Productivity Responses to Trade Competition. 2016.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w22433.pdf（690KB）	智库出版物		限制开放	CC BY-NC-SA	浏览