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Contribución del tamaño, edad y perfil financiero de las constructoras del País Vasco a la competitividad

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  • Eduardo Rodríguez Enríquez

    (Universidad de Oviedo)

Abstract

In this paper we analyze the influence of corporate age and size on profitability as well as the economic-financial characteristics that best distinguish the most profitable companies in the construction sector within the Basque Country, compared to the less profitable ones. The information comes from the Annual Accounts sample of firms within the period of 2004-2005; the Mann-Whitney test and the logistic regression are used as analytical techniques. The results prove the relevance of the size (sales) and liquidity, and that staff productivity has a strong relationship with profitability, while not depending on age. It also proves that the more profitable firms are the ones which have a lower level of indebtedness.

Suggested Citation

  • Eduardo Rodríguez Enríquez, 2008. "Contribución del tamaño, edad y perfil financiero de las constructoras del País Vasco a la competitividad," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 69(03), pages 270-293.
  • Handle: RePEc:ekz:ekonoz:2008315
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    More about this item

    Keywords

    construction companies; competitiviness; Basque Country;

    JEL classification:

    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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