The Persistence of Profitability among Firms in the Food Economy

Michael Boland

American Journal of Agricultural Economics, 2005, vol. 87, issue 1, 103-115

Abstract: The persistence of industry, firm-specific, and corporate-parent effects on firm profitability in the food economy are calculated and further analyzed within its four major sectors: food processing, wholesale grocery, retail supermarket, and restaurant. Profits are more persistent within an industry than within a corporation. The retail supermarket sector has had stable profits as has individual retail supermarket firms relative to the other three sectors. Copyright 2005, Oxford University Press.

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:87:y:2005:i:1:p:103-115

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