MULTIPRODUCT FIRMS AND PRODUCT TURNOVER IN THE DEVELOPING WORLD: EVIDENCE FROM INDIA

• 成果类型: Article
• 署名作者: Goldberg, Pinelopi K.; Khandelwal, Amit K.; Pavcnik, Nina; Topalova, Petia
• 署名单位: Princeton University; National Bureau of Economic Research; Columbia University; Dartmouth College
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00047
• 发表日期: 2010-11
• 页码: 1042-1049
• 关键词: liberalization; countries; GROWTH; TRADE

摘要

This paper provides evidence on the patterns of multiproduct firm production in a large developing country, India, during a period that spans market reforms. In the cross-section, multiproduct firms in India look remarkably similar to their U.S. counterparts. The time-series patterns, however, exhibit important differences. In contrast to evidence from the United States, product churning, particularly product rationalization, is far less common in India. We find no link between product rationalization and output tariff declines following India's 1991 trade liberalization. The lack of creative destruction is consistent with the role of industrial regulation in preventing an efficient allocation of resources.