Product Switching and Firm Performance in Japan - Empirical Analysis Based on the Census of Manufacturers
Following Bernard, Redding and Schott (2010), we have constructed product and firm level data on Japanese manufacturing firms using the Census of Manufacturers. Our empirical analysis based on the constructed data shows that multiple-product firms perform better than single-product firms and their labor productivity growth rates are higher. Empirical studies at the industry level show that an unregulated, competitive environment stimulates product switching. At the firm level, product switching behavior improves firm performance, including employment, while the firms that reduce the number of their products see a decline in labor productivity, due to output reduction exceeding the magnitude of the reduction in employment.
Volume (Year): 9 (2013)
Issue (Month): 2 (March)
|Contact details of provider:|| Web page: http://www.mof.go.jp/pri/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Greenaway, David & Gullstrand, Joakim & Kneller, Richard, 2008. "Surviving globalisation," Journal of International Economics, Elsevier, vol. 74(2), pages 264-277, March.
- José Manuel Campa & Simi Kedia, 1999.
"Explaining the Diversification Discount,"
99-06, New York University, Leonard N. Stern School of Business, Department of Economics.
- Andrew B. Bernard & Peter K. Schott & Stephen Redding, 2003.
"Product Choice and Product Switching,"
NBER Working Papers
9789, National Bureau of Economic Research, Inc.
- Andrew B. Bernard & Stephen Redding & Peter K. Schott, 2003. "Product Choice and Product Switching," CEP Discussion Papers dp0594, Centre for Economic Performance, LSE.
- Andrew B. Bernard & Stephen J. Redding & Peter K. Schott, 2003. "Product Choice and Product Switching," Yale School of Management Working Papers ysm381, Yale School of Management.
- Stephen Redding & Andrew Bernard & Peter Schott, 2005. "Product Choice and Product Switching," Working Papers 05-22, Center for Economic Studies, U.S. Census Bureau.
- Andrew B. Bernard & Stephen Redding & Peter K. Schott, 2003. "Product choice and product switching," LSE Research Online Documents on Economics 3672, London School of Economics and Political Science, LSE Library.
- Bernard, Andrew B. & Redding, Stephen J. & Schott, Peter K., 2003. "Product Choice and Product Switching," CEPR Discussion Papers 3959, C.E.P.R. Discussion Papers.
- Carol Newman & John Rand & Finn Tarp, 2007.
"Sector Switching: An Unexplored Dimension of Firm Dynamics in Developing Countries,"
The Institute for International Integration Studies Discussion Paper Series
- Carol Newman & John Rand & Finn Tarp, 2007. "Sector Switching: An Unexplored Dimension of Firm Dynamics in Developing Countries," Discussion Papers 07-22, University of Copenhagen. Department of Economics.
- Carol Newman & John Rand & Finn Tarp, 2007. "Sector Switching: An Unexplored Dimension of Firm Dynamics in Developing Countries," Trinity Economics Papers tep1007, Trinity College Dublin, Department of Economics.
- Fariñas, Jose C. & Ruano, Sonia, 2005. "Firm productivity, heterogeneity, sunk costs and market selection," International Journal of Industrial Organization, Elsevier, vol. 23(7-8), pages 505-534, September.
- Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-70, May.
- Kyoji Fukao & Hyeog Ug Kwon, 2005.
"Why Did Japan's TFP Growth Slow Down in the Lost Decade? An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms,"
05004, Research Institute of Economy, Trade and Industry (RIETI).
- Kyoji Fukao & Hyeog Ug Kwon, 2006. "Why Did Japan'S Tfp Growth Slow Down In The Lost Decade? An Empirical Analysis Based On Firm-Level Data Of Manufacturing Firms," The Japanese Economic Review, Japanese Economic Association, vol. 57(2), pages 195-228.
- Kyoji Fukao & Hyeog Ug Kwon, 2004. "Why Did Japan's TFP Growth Slow Down in the Lost Decade?: An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms," Hi-Stat Discussion Paper Series d04-50, Institute of Economic Research, Hitotsubashi University.
- Nishimura, Kiyohiko G. & Nakajima, Takanobu & Kiyota, Kozo, 2005. "Does the natural selection mechanism still work in severe recessions?: Examination of the Japanese economy in the 1990s," Journal of Economic Behavior & Organization, Elsevier, vol. 58(1), pages 53-78, September.
When requesting a correction, please mention this item's handle: RePEc:mof:journl:ppr021b. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Policy Research Institute)
If references are entirely missing, you can add them using this form.