Which products are potentially produced together? When demand for a product increases, which firms will supply it? Using multi-product production patterns within and across firms, we recover a continuous cost-based distance between firms and unproduced products.
- Speaker
- Date
- Monday 3 Mar 2025, 11:30 - 12:30
- Type
- Seminar
- Room
- 1.17
- Building
- Polak Building
Higher product distance implies decreasing adoption frequency. When export demand induces domestic product adoption, closer firms provide this supply. Potential costs imply measures of Revenue and Competition Potential. These predict firm sales and scope growth. If all firms produced all products linked by co-production, consumer welfare could increase by 16-30% under constant markups, rising to 46-86% under variable markups.
About the speaker
John Morrow is Senior Lecturer (Associate Professor) at Queen Mary University of London and is affiliated to the Centre for Economic Performance and Centre for Economic Policy Research. His main research studies firm responses to economic changes such as trade or industrial policies and the consequences for productivity and efficiency, especially in developing countries. He has published in leading journals, e.g. The Journal of Political Economy and The Journal of Public Economics.
Registration for bilateral, lunch or dinner
If you would like to meet the guest speaker for a bilateral, join for lunch or dinner, then please register by filling in the registration form.
