Competition and Profitability
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F10%3A00043337" target="_blank" >RIV/00216224:14560/10:00043337 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Competition and Profitability
Original language description
In this paper, we investigate relationship between competition and profitability. We define dynamic and static competition and review economic literature about persistence and sources of profits. Moreover, we compare measures of competition based on profitability and relative profits. We argue that profitability measures are more suitable for firms with similar efficiency and for the long-run studies and inter-industry comparisons. Measures based on relative profitability, on the other hand, are likelyto be more useful if efficiency of firms in the industry differs persistently.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
New Economic Challenges, 2nd International PHD Students Conference
ISBN
978-80-210-5111-9
ISSN
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e-ISSN
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Number of pages
426
Pages from-to
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Publisher name
Masarykova univerzita
Place of publication
Brno
Event location
Brno
Event date
Jan 20, 2010
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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