Multi-Product Firms , Industry Mix , and Product Switching

@inproceedings{Bernard2005MultiProductF,
  title={Multi-Product Firms , Industry Mix , and Product Switching},
  author={Andrew B. Bernard and Stephen Redding and Peter Karl Schott},
  year={2005}
}
Product switching, i.e., the addition and deletion of products by continuing firms, is an important and very active margin of firm adjustment that has, until now, received very little attention. We show that two-thirds of U.S. manufacturing firms alter their mix of five-digit SIC products every five years, and that added and dropped products comprise a substantial fraction of firm output. Product switching is positively correlated with firm outcomes and the choices firms make about which… CONTINUE READING
Highly Influential
This paper has highly influenced 13 other papers. REVIEW HIGHLY INFLUENTIAL CITATIONS
Highly Cited
This paper has 117 citations. REVIEW CITATIONS

Citations

Publications citing this paper.
Showing 1-10 of 92 extracted citations

118 Citations

01020'07'10'13'16'19
Citations per Year
Semantic Scholar estimates that this publication has 118 citations based on the available data.

See our FAQ for additional information.

References

Publications referenced by this paper.
Showing 1-10 of 18 references

On the Proper Cost Tests for Natural Monopoly in a Multiproduct Industry

W Baumol
American Economic Review, • 1977
View 6 Excerpts
Highly Influenced

Product Sequencing: Co-evolution of Knowledge, Capabilities and Products.

Helfat, E Constance, Ruth S. Raubitschek
Strategic Management Journal, • 2000

Technology and Market Structure: Theory and History

Sutton, John
1998

The Dynamics of Productivity in the Telecommunications Equipment Industry,

S Olley, A Pakes
1996

Flexible Manufacturing and Market Structure

C Eaton, N Schmidt
American Economic Review, • 1994
View 2 Excerpts

Complementarities , Momentum , and the Evolution of Modern Manufacturing

P AUL M ILGROM, Y INGYI Q IAN AND J OHN R OBERTS
1991
View 1 Excerpt

Similar Papers

Loading similar papers…