Persistence of profitability and competition in emerging markets

Authors
Glen, J Lee, K Singh, A
Citation
J. Glen et al., Persistence of profitability and competition in emerging markets, ECON LETT, 72(2), 2001, pp. 247-253
Citations number
17
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
72
Issue
2
Year of publication
2001
Pages
247 - 253
Database
ISI
SICI code
0165-1765(200108)72:2<247:POPACI>2.0.ZU;2-B
Abstract
This paper reports on time-series analyses of the persistence of profitabil ity of firms in emerging markets. Its central result is that there is less persistence in developing than in advanced economies. The implications for the intensity of competition in emerging markets are examined. (C) 2001 Els evier Science BN. All rights reserved.