The central purpose of this paper is to take a step towards uncovering the determinants and persistence of profitability. To this end, the paper will employ various measures of profitability, derived from De Loecker, Eeckhout, and Unger in their paper called “The Rise of Market Power” (RMP). These measures will then be empirically analysed and interpreted in three distinct parts. First, the primary findings of RMP will be replicated and the key profitability measures selected. Secondly, persistence will be analysed and interpreted. Lastly, proxies will be used to estimate determinants of profitability. All these steps will be carried out at the firm and industry level. This will aid in elucidating the relevance of each theory presented befo...
Drawing on Schumpeterian theory, this article presents estimates of a first-order autoregressive mod...
The persistence of profit continues to generate significant interest in empirical micro econometrics...
This project deals with the generation of profitability and the distribution of its benefits. Inspir...
This paper explores how variables measuring firms' sustainable competitive advantages influence prof...
This paper seeks to explain trends in United States corporate profitability since World War II throu...
Abstract The analysis of the persistence of profits has long been a controversial issue within empir...
Existing literature on profit dynamics focuses mainly on the erosion of profit differentials as a re...
The paper examines the relationships between the power of suppliers and buyers and the profitability...
This paper discusses the problems of testing the structure-profit relationship, and presents an alte...
Economic theory tells us that abnormal industry and firm profits will not persist for any length of ...
This paper identifies the determinants of firm profitability and quantifies their relative importanc...
Adopting methods which have been developed elsewhere in analysing the dynamics of profitability, thi...
This thesis investigates the behaviour of corporate profits for a sample of firms in the United Kin...
How much has market power increased in the United States in the last fifty years? Using micro-level ...
This paper uses firm level data to examine the market power versus efficiency hypothesis by tak-ing ...
Drawing on Schumpeterian theory, this article presents estimates of a first-order autoregressive mod...
The persistence of profit continues to generate significant interest in empirical micro econometrics...
This project deals with the generation of profitability and the distribution of its benefits. Inspir...
This paper explores how variables measuring firms' sustainable competitive advantages influence prof...
This paper seeks to explain trends in United States corporate profitability since World War II throu...
Abstract The analysis of the persistence of profits has long been a controversial issue within empir...
Existing literature on profit dynamics focuses mainly on the erosion of profit differentials as a re...
The paper examines the relationships between the power of suppliers and buyers and the profitability...
This paper discusses the problems of testing the structure-profit relationship, and presents an alte...
Economic theory tells us that abnormal industry and firm profits will not persist for any length of ...
This paper identifies the determinants of firm profitability and quantifies their relative importanc...
Adopting methods which have been developed elsewhere in analysing the dynamics of profitability, thi...
This thesis investigates the behaviour of corporate profits for a sample of firms in the United Kin...
How much has market power increased in the United States in the last fifty years? Using micro-level ...
This paper uses firm level data to examine the market power versus efficiency hypothesis by tak-ing ...
Drawing on Schumpeterian theory, this article presents estimates of a first-order autoregressive mod...
The persistence of profit continues to generate significant interest in empirical micro econometrics...
This project deals with the generation of profitability and the distribution of its benefits. Inspir...