The Determinants of Profit Ratios in France and Other Major Industrialized Countries: An Empirical Analysis
Baghli, Mustapha
The Determinants of Profit Ratios in France and Other Major Industrialized Countries: An Empirical Analysis - 2003.
94
This study explores the factors driving the observed movements in the profit ratio in several industrialised countries. It suggests the following conclusions: - in France, the profit ratio returned in the nineties to the level recorded in the beginning of the seventies (after stripping out the impact of self-employment); - in France, Germany and Japan, the profit ratio seems driven in the medium to long term by the real interest rate, the relative price of energy and the capacity utilisation rate; - in France, the change in the unemployment rate affects the profit ratio in the short term. This may confirm the impact on bargaining power of the disequilibrium in the labour market.
The Determinants of Profit Ratios in France and Other Major Industrialized Countries: An Empirical Analysis - 2003.
94
This study explores the factors driving the observed movements in the profit ratio in several industrialised countries. It suggests the following conclusions: - in France, the profit ratio returned in the nineties to the level recorded in the beginning of the seventies (after stripping out the impact of self-employment); - in France, Germany and Japan, the profit ratio seems driven in the medium to long term by the real interest rate, the relative price of energy and the capacity utilisation rate; - in France, the change in the unemployment rate affects the profit ratio in the short term. This may confirm the impact on bargaining power of the disequilibrium in the labour market.
Réseaux sociaux