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have analysed this sector. However, rather few articles have focused on the dynamics of growth and profit. The purpose of … this paper is to apply the theory of profit persistence and the law of proportionate effect (LPE) to Norwegian restaurants … by using publicly available public panel data from 2010 to 2019. The sample includes 866 restaurants. One important …
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This article analyzes persistence and the drivers of profitability in US and EU food processing using GMM estimations … Score Matching. The GMM results indicate that profit persistence in food processing is lower than in other manufacturing … sectors. Firm-specific drivers of profitability are size, growth and financial risk. Regarding industry characteristics the …
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