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  • 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 likely to be more useful if efficiency of firms in the industry differs persistently.
  • 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 likely to be more useful if efficiency of firms in the industry differs persistently. (en)
Title
  • Competition and Profitability
  • Competition and Profitability (en)
skos:prefLabel
  • Competition and Profitability
  • Competition and Profitability (en)
skos:notation
  • RIV/00216224:14560/10:00043337!RIV11-MSM-14560___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 251598
http://linked.open...ai/riv/idVysledku
  • RIV/00216224:14560/10:00043337
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • Competition; Profitability; Price; Cost; Margin; Relative Profits; Relative Profit Differences (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [E1DC19908C37]
http://linked.open...v/mistoKonaniAkce
  • Brno
http://linked.open...i/riv/mistoVydani
  • Brno
http://linked.open...i/riv/nazevZdroje
  • New Economic Challenges, 2nd International PHD Students Conference
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Krčál, Ondřej
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
number of pages
http://purl.org/ne...btex#hasPublisher
  • Masarykova univerzita
https://schema.org/isbn
  • 978-80-210-5111-9
http://localhost/t...ganizacniJednotka
  • 14560
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