affect those companies' survival and net profits over a period of five years. Using a bivariate probit econometric model for … of survival and profits, between companies created with and without public subsidies. The results do not support the … net profits than unsubsidized companies. …

This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics … simultaneous equilibrium model of profits, entry and exit. We find that indeed entrants play an entrepreneurial function causing …

stance on who bears its burden. On balance, economists seem still more prone to accept that taxing profits does not affect … of the use of internal resources makes pure economic profits very difficult to detect. Thirdly, when the pervasive role …

The volume of profits in an economy is a magnitude, which is out of sight of orthodox macroeconomic textbooks and … effectively ignored by neoclassical macroeconomics. In contrast, Kalecki’s approach brings to the forefront the sources of profits … and makes possible their further analysis. In a previous paper, the sources of profits and their impacts, as well as the …