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This paper analyses the effects of the 1990 Brazilian trade liberalization on the total factor productivity, market share and profits of a sample of 349 large manufacturing firms. A panel data production function analysis for the period 1986/94 indicates very large total factor productivity...
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behavioural agency predictions, but can be reconciled with theory through a mixed gambles' lens. …
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profit margin provide incremental information for predicting changes in future return on assets. After controlling for …
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