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The Dynamics of Company Profits - Dennis C. Mueller

The Dynamics of Company Profits

By: Dennis C. Mueller (Editor)

Hardcover

Published: 29th June 1990
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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 States. The emphasis is upon 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 upon results for individual countries. A summary chapter presents the major conclusions and implications of the book.

Profits and the process of competition
Modelling persistent profitability
The persistence of profits in the United States
The persistence of profits in US manufacturing industries
The persistence of profitability in Canada
Persistence of corporate profits in the Federal Republic of Germany
The persistence of profits in France
The persistence of profits in Japan
The persistence of profits in the UK
The persistence of profits: international comparison
The persistence of profits in perspective
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521383721
ISBN-10: 0521383722
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 226
Published: 29th June 1990
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 1.6
Weight (kg): 0.5