Last edited by Kajirr
Wednesday, May 6, 2020 | History

4 edition of Product choice and product switching found in the catalog.

Product choice and product switching

Andrew B. Bernard

Product choice and product switching

by Andrew B. Bernard

  • 70 Want to read
  • 1 Currently reading

Published by Centre for Economic Performance, London School of Economics and Political Science in [London] .
Written in English

    Subjects:
  • Product management -- Mathematical models.,
  • Costs, Industrial -- Mathematical models.

  • Edition Notes

    StatementAndrew B. Bernard, Stephen Redding, Peter K. Schott.
    SeriesDiscussion paper ;, no. 594, Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;, no. 594.
    ContributionsRedding, Stephen., Schott, Peter K., London School of Economics and Political Science. Centre for Economic Performance.
    Classifications
    LC ClassificationsHC10
    The Physical Object
    FormatElectronic resource
    ID Numbers
    Open LibraryOL3475911M
    LC Control Number2005615353

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Product choice and product switching by Andrew B. Bernard Download PDF EPUB FB2

The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than 40% of firm output and almost half of existing by: COVID Resources.

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Two-thirds of continuing firms change their product mix every five years, and product switches involve more than 40% of firm output and almost half of existing products. The theoretical model incorporates heterogeneous firms, heterogeneous products, and ongoing entry and exit.

Pr oduct Choice and Product Switching 10 classi fi ed industries and that fi rm characteristics, suc h as pro ductivity, are correlated with exit/surviv al and en t ry into exporting.

In the model, firms make decisions about both industry entry and product choice. Product choice is shaped by the interaction of heterogeneous firm characteristics and diverse product attributes. BibTeX @MISC{Bernard04productchoice, author = {Andrew B.

Bernard and Stephen Redding and Peter K. Schott}, title = {Product Choice and Product Switching }, year = {}}. Product Choice and Product Switching 2 1.

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Bernard, Stephen J. Redding and Peter K. Schott. Abstract. This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S.

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