Conyon, Martin and Machin, S (1991) Market-Structure and the Empirical Specification of Profit Margins. Economics Letters, 35 (2). pp. 227-231. ISSN 0165-1765
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Official URL: https://doi.org/10.1016/0165-1765(91)90174-J
Abstract
We present evidence from a panel of U.K. manufacturing industries to test the sensitivity of the margins-concentration relationship to specification changes in the dependent variable. Instrumental variable estimates demonstrate that a positive association between profit margins and concentration is contingent on how the margin is formulated.
Item Type:
Journal Article
Journal or Publication Title:
Economics Letters
Uncontrolled Keywords:
/dk/atira/pure/researchoutput/libraryofcongress/hf5601
Subjects:
?? ACCOUNTING AND FINANCEFINANCEECONOMICS AND ECONOMETRICSHF5601 ACCOUNTING ??
Departments:
ID Code:
54035
Deposited By:
Deposited On:
26 Jun 2012 15:02
Refereed?:
Yes
Published?:
Published
Last Modified:
22 Sep 2023 00:15