The Dynamics of Company Profits
Edited by Dennis C. Mueller
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Dynamics of Company Profits by Dennis C. Mueller
Book DescriptionDo 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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Book DetailsISBN: 9780521022293
(228mm x 152mm x 13mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Nov-2005
Country of Publication: United Kingdom
Books By Author Dennis C. Mueller
Corporation, Paperback (October 2013)
Why have modern corporations grown to such unprecedented sizes? This volume explores this crucial question, emphasising the roles of diversification and mergers.
Oxford Handbook of Capitalism, Hardback (May 2012)
The financial crisis that began in 2008 and its lingering aftermath have caused many intellectuals and politicians to question the virtues of capitalist systems. The 19 original essays in this Handbook, written by leading scholars from Asia, North America, and Europe, analyze both the strengths and weaknesses of capitalist systems.
Reason, Religion, and Democracy, Hardback (August 2009)
This book emphasizes the difference between religion and science as means for understanding causal relationships.
Profits in the Long Run, Paperback (February 2009)» View all books by Dennis C. Mueller
Profits in the Long Run asks two questions: Are there persistent differences in profitability across firms?
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