Industry switching in developing countries

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

Industry switching in developing countries. / Newman, Carol ; Rand, John; Tarp, Finn.

In: World Bank Economic Review, Vol. 27, No. 2, 2013, p. 357-388.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Newman, C, Rand, J & Tarp, F 2013, 'Industry switching in developing countries', World Bank Economic Review, vol. 27, no. 2, pp. 357-388. https://doi.org/10.1093/wber/lhs030

APA

Newman, C., Rand, J., & Tarp, F. (2013). Industry switching in developing countries. World Bank Economic Review, 27(2), 357-388. https://doi.org/10.1093/wber/lhs030

Vancouver

Newman C, Rand J, Tarp F. Industry switching in developing countries. World Bank Economic Review. 2013;27(2):357-388. https://doi.org/10.1093/wber/lhs030

Author

Newman, Carol ; Rand, John ; Tarp, Finn. / Industry switching in developing countries. In: World Bank Economic Review. 2013 ; Vol. 27, No. 2. pp. 357-388.

Bibtex

@article{14630502837e4d819d5a5ce5c750038b,
title = "Industry switching in developing countries",
abstract = "Firm turnover (i.e., firm entry and exit) is a well-recognized source of sector-level productivity growth. In contrast, the role and importance of firms that switch activities from one sector to another is not well understood. Firm switchers are likely to be unique, differing from both newly established entrants and exiting firms that are closing down operations. In this study, we develop an empirical model that examines switching behavior using data from Vietnamese manufacturing firms during the 2001–2008 period. The diagnostic shows that switching firms exhibit different characteristics and behavior than do entry and exit firms. Switchers tend to be labor intensive and to seek competitive opportunities in labor-intensive sectors in response to changes in market environments. Moreover, resource reallocation resulting from switching forms an important component of productivity growth. The topic of switching merits attention in the future design of firm surveys across developing countries and in associated analytical studies.",
keywords = "Faculty of Social Sciences, firm dynamics , sector switching , productivity, Vietnam",
author = "Carol Newman and John Rand and Finn Tarp",
note = "JEL codes: D21; L6; O14",
year = "2013",
doi = "10.1093/wber/lhs030",
language = "English",
volume = "27",
pages = "357--388",
journal = "World Bank Economic Review",
issn = "0258-6770",
publisher = "Oxford University Press",
number = "2",

}

RIS

TY - JOUR

T1 - Industry switching in developing countries

AU - Newman, Carol

AU - Rand, John

AU - Tarp, Finn

N1 - JEL codes: D21; L6; O14

PY - 2013

Y1 - 2013

N2 - Firm turnover (i.e., firm entry and exit) is a well-recognized source of sector-level productivity growth. In contrast, the role and importance of firms that switch activities from one sector to another is not well understood. Firm switchers are likely to be unique, differing from both newly established entrants and exiting firms that are closing down operations. In this study, we develop an empirical model that examines switching behavior using data from Vietnamese manufacturing firms during the 2001–2008 period. The diagnostic shows that switching firms exhibit different characteristics and behavior than do entry and exit firms. Switchers tend to be labor intensive and to seek competitive opportunities in labor-intensive sectors in response to changes in market environments. Moreover, resource reallocation resulting from switching forms an important component of productivity growth. The topic of switching merits attention in the future design of firm surveys across developing countries and in associated analytical studies.

AB - Firm turnover (i.e., firm entry and exit) is a well-recognized source of sector-level productivity growth. In contrast, the role and importance of firms that switch activities from one sector to another is not well understood. Firm switchers are likely to be unique, differing from both newly established entrants and exiting firms that are closing down operations. In this study, we develop an empirical model that examines switching behavior using data from Vietnamese manufacturing firms during the 2001–2008 period. The diagnostic shows that switching firms exhibit different characteristics and behavior than do entry and exit firms. Switchers tend to be labor intensive and to seek competitive opportunities in labor-intensive sectors in response to changes in market environments. Moreover, resource reallocation resulting from switching forms an important component of productivity growth. The topic of switching merits attention in the future design of firm surveys across developing countries and in associated analytical studies.

KW - Faculty of Social Sciences

KW - firm dynamics

KW - sector switching

KW - productivity

KW - Vietnam

U2 - 10.1093/wber/lhs030

DO - 10.1093/wber/lhs030

M3 - Journal article

VL - 27

SP - 357

EP - 388

JO - World Bank Economic Review

JF - World Bank Economic Review

SN - 0258-6770

IS - 2

ER -

ID: 43679434