The causes of profit heterogeneity in large Australian firms [electronic resource] / Andreas Stierwald
- Bib ID:
- 4975972
- Format:
- Book
- Author:
- Stierwald, Andreas
- Online Access:
- Archived at ANL
- Related Online Resources:
- Publisher site
- Description:
- [Parkville, Vic.] : Melbourne Institute of Applied Economic and Social Research, 2010
- Invalid ISBN:
- 9780734042194
- Series:
-
- Melbourne Institute working paper (Online) ; no. 10/7.
- PANDORA electronic collection.
- Technical Details:
-
- Mode of access: Internet via the World Wide Web. Available at: http://www.melbourneinstitute.com/wp/wp2010n07.pdf.
- System requirements: Adobe Acrobat reader to read pdf file.
- Summary:
-
The objective of this paper is to investigate the causes of heterogeneity in firm performance. In particular, the study decomposes unobserved heterogeneity in profitability into firm and industry effects and quantifies the relative importance of both these effects. For a sample of large Australian firms for the period 1995-2005, the estimation results indicate that almost two thirds of the heterogeneity can be explained by differences across firms, and that industry effects are of much less importance. Another result is that the level of total factor productivity, as a component of firm effects, significantly enhances profitability, but also that this relationship is not identical among firms.
- Notes:
-
- "June 2010".
- Title from title screen (viewed on September 24, 2010).
- Includes bibliographical references (p. 23-26).
- Text.
- Also available in a print version.
- Selected for archiving
- Subject:
- Other authors/contributors:
- Melbourne Institute of Applied Economic and Social Research
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2010
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
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