Firm profitability: Mean-reverting or random-walk behavior?

Giorgio Canarella, Stephen M. Miller, Mahmoud M. Nourayi

Research output: Contribution to journalArticlepeer-review

Original languageEnglish
Pages (from-to)76-97
Number of pages22
JournalJournal of Economics and Business
Volume66
DOIs
StatePublished - Mar 2013

ASJC Scopus Subject Areas

  • General Business,Management and Accounting
  • Economics and Econometrics

Keywords

  • Cross-section dependence
  • Firm profitability
  • Hysteresis
  • Panel data
  • Unit roots

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