The Mexican manufacturing industry

This paper examines the Mexican manufacturing industry’s profitability-growth relationship at the sectoral level, considering three theories: business growth causes profitability (classical), profitability explains business growth (evolutionary), or negative link as a rule (the managerialism view). Using a vector error correction model alongside quadratic and piecewise regression equations produced results estimating bidirectional causality

12p lazzaro 30-12-2021 8 1   Download

It is difficult to claim to have an in-depth knowledge of a subject if such knowledge is restricted to the present and the recent past. Information and insights on a particular topic from the past can, in a well informed mind, be reprocessed and contribute to the topic in the present and, even more importantly, in the future. This is saying no more than Lewis Carroll’s maxim:

33p tuanloc_do 04-12-2012 54 3   Download