Replication data for: Multiple-Product Firms and Product Switching
- Bernard, Andrew B.
- Redding, Stephen J.
- Schott, Peter K.
AbstractThis paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and that product adding and dropping induce large changes in firm scope. The behavior we observe is consistent with a natural generalization of existing theories of industry dynamics that incorporates endogenous product selection within firms. Our findings suggest that product switching contributes to a reallocation of resources within firms toward their most efficient use. (JEL L11, L21, L25, L60)
Is supplement to
DOI: 10.1257/aer.100.1.70 (Text)
Bernard, Andrew B, Stephen J Redding, and Peter K Schott. “Multiple-Product Firms and Product Switching.” American Economic Review 100, no. 1 (March 2010): 70–97. https://doi.org/10.1257/aer.100.1.70.
- ID: 10.1257/aer.100.1.70 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11