Adjustment of profits: Evidence from Australian manufacturing

Studies of industry profitability generally deal with long-run equilibrium models, making no allowance for slow adjustment to equilibrium. In this study, a cross-sectional analysis is carried out against a sample of Australian manufacturing industries at the Australian Standard Industrial Classifica...

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Bibliographic Details
Main Authors: Bhattacharya, M., Bloch, Harry
Format: Journal Article
Published: Kluwer 2000
Online Access:http://hdl.handle.net/20.500.11937/13251