Replication data for: Multiple-Product Firms and Product Switching

Principal Investigator(s): View help for Principal Investigator(s) Andrew B. Bernard; Stephen J. Redding; Peter K. Schott

Version: View help for Version V1

Name	File Type	Size	Last Modified
20060523_create_data.do	text/plain	27.3 KB	10/11/2019 10:36:AM
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20060523_excel_tables_and_figures_v20090225.xls	application/vnd.ms-excel	608 KB	10/11/2019 10:36:AM
20060523_manuscript.aux	text/x-tex	4.8 KB	10/11/2019 10:36:AM
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20060523_manuscript_v20090225.pdf	application/pdf	345.8 KB	10/11/2019 10:36:AM
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20060523_technical_appendix.pdf	application/pdf	279 KB	10/11/2019 10:36:AM
20060523_technical_appendix.rap	text/x-tex	190.8 KB	10/11/2019 10:36:AM

Project Citation:

Bernard, Andrew B., Redding, Stephen J., and Schott, Peter K. Replication data for: Multiple-Product Firms and Product Switching. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112339V1

Project Description

Summary: This 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)

Scope of Project

JEL Classification:
      L11 Production, Pricing, and Market Structure; Size Distribution of Firms
      L21 Business Objectives of the Firm
      L25 Firm Performance: Size, Diversification, and Scope
      L60 Industry Studies: Manufacturing: General

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