ALTERNATIVE PROFITABILITY MEASURES AND TESTS OF THE STRUCTURE-PERFORMANCE RELATIONSHIP

被引:0
|
作者
AMATO, L [1 ]
WILDER, RP [1 ]
机构
[1] UNIV S CAROLINA,DEPT ECON,COLUMBIA,SC 29208
关键词
PROFITABILITY MEASURES; STRUCTURE PERFORMANCE RELATIONSHIPS;
D O I
10.1007/BF01024256
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper compares the inferences gained when alternatively specifying Census-based price-cost margin and IRS-based accounting rate of return as the dependent variable in conventional structure-performance models. We find important differences between the structure-performance inferences of the alternative specifications of the profit measure. Further, the alternative profit measures are not highly correlated.
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页码:21 / 31
页数:11
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