Revenues as a Proxy for Profits: A Cautionary Note
Sven-Olov Daunfeldt and
Niklas Rudholm ()
Additional contact information
Niklas Rudholm: The Swedish Retail Institute (HUI), Postal: Regeringsgatan 60, SE-103 29 Stockholm, Sweden
No 5, HUI Working Papers from HUI Research
Abstract:
In the entry literature, researchers sometimes use revenues as a proxy for profits because this is the only data available. Doing so could seriously bias the results.
Keywords: Entry; wholesale trade; retail trade; negative binomial regression (search for similar items in EconPapers)
JEL-codes: L13 L81 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2006-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published as Daunfeldt, Sven-Olov and Niklas Rudholm, 'Revenues as a Proxy for Profits: A Cautionary Note' in European Journal of Finance, 2007, pages 657-667.
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:huiwps:0005
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