Pregled bibliografske jedinice broj: 999914
Determinants of firm profitability in the Croatian manufacturing industry: evidence from dynamic panel analysis
Determinants of firm profitability in the Croatian manufacturing industry: evidence from dynamic panel analysis // Ekonomska istraživanja, 31 (2019), 1; 968-981 doi:10.1080/1331677X.2019.1583587 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 999914 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Determinants of firm profitability in the Croatian manufacturing industry: evidence from dynamic panel analysis
Autori
Pervan, M ; Pervan, I ; Ćurak, M.
Izvornik
Ekonomska istraživanja (1331-677X) 31
(2019), 1;
968-981
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Firm profitability, manufacturing industry, Croatia, panel data analysis
Sažetak
Given that the goal of this study was to examine the influence of different factors on a firm’s profitability, we designed a model with three categories of profitability determinants: firm-specific, industry-specific and macroeconomic. The analysis was performed on 9359 firms operating in the Croatian manufacturing industry during the 2006–2015 period. Since the designed model was formulated in a way that encompasses the dynamic aspect of profitability, the General Method of Moments (G.M.M.) dynamic panel estimator was applied. Formulation of such a model adds to the existing literature if one takes into account that a dynamic analysis of the drivers of profitability has not been done using data from the Croatian manufacturing sector. The results of the conducted analysis revealed that a firm’s age, labour cost and industry concentration, as well as G.D.P. growth and inflation, have significant influence on a firm’s profitability.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
UIP-2014-09-1745 - Uspješnost poslovanja poduzeća, profitabilnost, prerađivačka industrija, bankrot, dinamička panel analiza, multipla regresija, logistička regresija (DETSUCCFAIL) (Pervan, Maja, HRZZ - 2014-09) ( CroRIS)
Ustanove:
Ekonomski fakultet, Split
Citiraj ovu publikaciju:
Časopis indeksira:
- Current Contents Connect (CCC)
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus
