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portada The Dynamics of Company Profits
Type
Physical Book
Year
2005
Language
English
Pages
228
Format
Paperback
ISBN
0521022290
ISBN13
9780521022293

The Dynamics of Company Profits

Dennis C. Mueller (Author) · Cambridge University Press · Paperback

The Dynamics of Company Profits - Dennis C. Mueller

New Book Imported to South Africa
Delivery: 03 Aug - 11 Aug Shipping: 4 to 5 business days.
R 963
R 963

Synopsis "The Dynamics of Company Profits "

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.

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