Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/146729
Authors: 
Alcalde-Fradejas, Nuria
Ramírez-Alesón, Marisa
Year of Publication: 
2015
Citation: 
[Journal:] Estudios de Economía [ISSN:] 0718-5286 [Volume:] 42 [Year:] 2015 [Issue:] 1 [Pages:] 79-97
Abstract: 
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.
Subjects: 
convergence
crisis
Europe
firm
SME
JEL: 
F20
L60
Document Type: 
Article

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