Yu, Xiaodan; Dosi, Giovanni; Grazzi, Marco; Lei, Jiasu - 2015
, profitability, investment and growth, based on China's manufacturing firm-level dataset over the period 1998 - 2007. First, we find …, the profitability-growth relationship is mediated via investment. Firm's contemporaneous and lagged profitabilities … display positive and significant effect on the probability to report an investment spike, and, in turn, investment activity is …