The law of the tendential fall in the rate of profit has been at the center of theoretical and empirical debates within … the absence of a comprehensive econometric analysis of the behaviour of the rate of profit. In this paper, we attempt to … fill this lacuna in two ways. First, we investigate the time series properties of the profit rate series. The evidence …

countries imported from) and firm profitability. While both extensive margins are highly positively linked with firm …

the profitability of the exporting firms on the other hand. We find that profits tend to be larger in firms with less …