The dynamics of company profits: an international comparison

Do company profits eventually converge on a common, competitive level? How long does the convergence process take? This book seeks to answer these questions through a comparison of company profitability using time-series data compiled at the firm level and at the industry level in Canada, France, Ja...

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Bibliographic Details
Other Authors: Mueller, Dennis C. (Editor)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 1990
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Online Access:BSB01
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Summary:Do company profits eventually converge on a common, competitive level? How long does the convergence process take? This book seeks to answer these questions through a comparison of company profitability using time-series data compiled at the firm level and at the industry level in Canada, France, Japan, Sweden, West Germany, the United Kingdom, and the United States. The emphasis is on long-run, dynamic processes, and the perspective is that of Joseph Schumpeter, with profits converging, if at all, to competitive levels only in the long run. The basic methodology of the book is presented in one chapter, with the subsequent chapters focusing on results for individual countries. A summary chapter presenting major resolutions and their implications concludes the book
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 online resource (viii, 216 pages)
ISBN:9780511664724
DOI:10.1017/CBO9780511664724

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