| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22649 |
| 来源ID | Working Paper 22649 |
| Product Switching and the Business Cycle | |
| Andrew B. Bernard; Toshihiro Okubo | |
| 发表日期 | 2016-09-19 |
| 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. |
| 主题 | Macroeconomics ; Business Cycles ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Industry Studies |
| URL | https://www.nber.org/papers/w22649 |
| 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/580322 |
| 推荐引用方式 GB/T 7714 | Andrew B. Bernard,Toshihiro Okubo. Product Switching and the Business Cycle. 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 | ||
| w22649.pdf（688KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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