TY  - UNPD
A1  - Mayer, Thierry
A1  - Melitz, Marc J.
A1  - Ottaviano, Gianmarco I. P.
T1  - Product mix and firm productivity responses to trade competition
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 562
N2  - owards their best performing products; and also extend the range of products sold to that market. We develop a theoretical model of multiproduct firms and derive the specific demand and cost conditions needed to generate these product-mix reallocations. Our theoretical model highlights how the increased competition from demand shocks in export markets - and the induced product mix reallocations - induce productivity changes within the firm. We then empirically test for this connection between the demand shocks and the productivity of multi-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity are substantial - and explain an important share of aggregate productivity fluctuations for French manufacturing.
T3  - CFS working paper series - 562 
Y1  - 2016
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/42421
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-424217
UR  - https://ssrn.com/abstract=2875415
IS  - June 2016
PB  - Center for Financial Studies
CY  - Frankfurt, M.
ER  -