Long-run profits in times of crisis: A comparison between European SMEs and large companies

This is pioneering research in that it makes a comparison of the process of convergence of long-run profits in the manufacturing sector of six European countries (2000-12), differentiating between SMEs and large firms, and by identifying the impact of the crisis on this process. The results obtained...

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Autores principales:	Alcalde-Fradetas,Nuria, Ramírez-Alesón,Marisa
Lenguaje:	English
Publicado:	Universidad de Chile. Departamento de Economía 2015
Materias:	Convergence crisis Europe firm SME
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000100004
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spelling	oai:scielo:S0718-528620150001000042015-09-24Long-run profits in times of crisis: A comparison between European SMEs and large companiesAlcalde-Fradetas,NuriaRamírez-Alesón,Marisa Convergence crisis Europe firm SME This is pioneering research in that it makes a comparison of the process of convergence of long-run profits in the manufacturing sector of six European countries (2000-12), differentiating between SMEs and large firms, and by identifying the impact of the crisis on this process. The results obtained by employing the convergence model, known as the Partial Adjustment Model, indicate that the inter-country competitive process, is working better among large companies than among SMEs. The impact of the crisis on this process has been uneven across the countries and the sizes of the firms.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.42 n.1 20152015-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000100004en10.4067/S0718-52862015000100004
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Convergence crisis Europe firm SME
spellingShingle	Convergence crisis Europe firm SME Alcalde-Fradetas,Nuria Ramírez-Alesón,Marisa Long-run profits in times of crisis: A comparison between European SMEs and large companies
description	This is pioneering research in that it makes a comparison of the process of convergence of long-run profits in the manufacturing sector of six European countries (2000-12), differentiating between SMEs and large firms, and by identifying the impact of the crisis on this process. The results obtained by employing the convergence model, known as the Partial Adjustment Model, indicate that the inter-country competitive process, is working better among large companies than among SMEs. The impact of the crisis on this process has been uneven across the countries and the sizes of the firms.
author	Alcalde-Fradetas,Nuria Ramírez-Alesón,Marisa
author_facet	Alcalde-Fradetas,Nuria Ramírez-Alesón,Marisa
author_sort	Alcalde-Fradetas,Nuria
title	Long-run profits in times of crisis: A comparison between European SMEs and large companies
title_short	Long-run profits in times of crisis: A comparison between European SMEs and large companies
title_full	Long-run profits in times of crisis: A comparison between European SMEs and large companies
title_fullStr	Long-run profits in times of crisis: A comparison between European SMEs and large companies
title_full_unstemmed	Long-run profits in times of crisis: A comparison between European SMEs and large companies
title_sort	long-run profits in times of crisis: a comparison between european smes and large companies
publisher	Universidad de Chile. Departamento de Economía
publishDate	2015
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862015000100004
work_keys_str_mv	AT alcaldefradetasnuria longrunprofitsintimesofcrisisacomparisonbetweeneuropeansmesandlargecompanies AT ramirezalesonmarisa longrunprofitsintimesofcrisisacomparisonbetweeneuropeansmesandlargecompanies
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Long-run profits in times of crisis: A comparison between European SMEs and large companies

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