Multiproduct Firms and Product Turnover in the Developing World: Evidence from India

Pinelopi Goldberg, Amit Khandelwal, Nina Pavcnik and Petia Topalova

The Review of Economics and Statistics, 2010, vol. 92, issue 4, 1042-1049

Abstract: 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. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (177)

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdf/10.1162/REST_a_00047 link to full text (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Multi-product Firms and Product Turnover in the Developing World: Evidence from India (2009)
Working Paper: Multi-product Firms and Product Turnover in the Developing World: Evidence from India (2008)
Working Paper: Multi-product Firms and Product Turnover in the Developing World: Evidence from India (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:restat:v:92:y:2010:i:4:p:1042-1049

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by The MIT Press ().