Cuaresma, Jesus Crespo, Gschwandtner, Adelina (2008) Tracing the Dynamics of Competition: Evidence from Company Profits. Economic Inquiry, 46 (2). pp. 208-213. ISSN 1465-7295. (doi:10.1111/j.1465-7295.2007.00062.x) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:40539)
The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. | |
Official URL: http://dx.doi.org/10.1111/j.1465-7295.2007.00062.x |
Abstract
This article proposes a simple approach to analyzing profit dynamics, which allows for time-varying persistence of profits. The time series model is a simple autoregressive process where the dynamics of the persistence parameter follow an autoregressive process. Using the longest time series available on profits for more than a hundred U.S. firms, we find that there is ample evidence of time variation in the persistence parameter. (JEL L00, C22)
Item Type: | Article |
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DOI/Identification number: | 10.1111/j.1465-7295.2007.00062.x |
Additional information: | Output appeared in 2008 issue in final form. DOI implies available online in 2007, but was not submitted to RAE2008, and hence conforms with guidelines.; number of additional authors: 1; |
Subjects: |
H Social Sciences H Social Sciences > HB Economic Theory |
Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
Depositing User: | Stewart Brownrigg |
Date Deposited: | 07 Mar 2014 00:05 UTC |
Last Modified: | 05 Nov 2024 10:24 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/40539 (The current URI for this page, for reference purposes) |
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