Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2010
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 … incorporates endogenous product selection within firms. Our findings suggest that product switching contributes to a reallocation …