Feeny, Simon; Harris, Mark N.; Loundes, Joanne - Melbourne Institute of Applied Economic and Social … - 2000
This paper investigates the determinants of profitability of Australian tax entities over the period 1993/94 to 1996/97 for each of 91 three-digit ANZSIC industries. The theoretical model is based on that of Cowling and Waterson (1976). However, it is augmented by the inclusion of lagged...