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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14127 |
来源ID | Working Paper 14127 |
Multi-product Firms and Product Turnover in the Developing World: Evidence from India | |
Pinelopi K. Goldberg; Amit Khandelwal; Nina Pavcnik; Petia Topalova | |
发表日期 | 2008-06-27 |
出版年 | 2008 |
语种 | 英语 |
摘要 | Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the reallocation of output within firms through changes in their product mix. Empirical work has accordingly shifted its focus towards multi-product firms and their product mix decisions. Existing studies have however focused exclusively on the U.S. Using detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large developing country during a period (1989-2003) that spans large-scale trade and other market reforms. We find that in the cross-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent theoretical models. The time-series patterns however exhibit important differences. In contrast to evidence from the U.S., product churning--particularly product rationalization -- is far less common in India. We thus find little evidence of "creative destruction". We also find no link between declines in tariffs on final goods induced by India's 1991 trade reform and product dropping. The lack of product dropping is consistent with the role of industrial regulation in India, which, like in many other developing countries, may prevent an efficient allocation of resources. |
主题 | International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies |
URL | https://www.nber.org/papers/w14127 |
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/571803 |
推荐引用方式 GB/T 7714 | Pinelopi K. Goldberg,Amit Khandelwal,Nina Pavcnik,et al. Multi-product Firms and Product Turnover in the Developing World: Evidence from India. 2008. |
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 | ||
w14127.pdf(172KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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