IDEAS home Printed from
   My bibliography  Save this paper

La Importancia De La Empresa Y Del Sector Industrial Como Determinantes De La Rentabilidad Empresarial: Un Análisis Empírico Para Las Empresas Manufactureras De La Comunidad Valenciana


  • Enrique Claver Cortés

    (Universidad de Alicante)

  • José Francisco Molina Azorín

    (Universidad de Alicante)


Along the lines of other works, this research tries to analyse which is the relativeweight of the set of industrial factors (industry effect) compared to that of the set of firminternal resources (firm effect) as regards the determination of firm profitability. Withthat aim, we have carried out a variance components analysis that should verify orrefute the results obtained in previous studies, by using a different group of enterpriseswith more up-to-date information about their profitability. More precisely, our sample isformed by 679 Valencian Community-based manufacturing firms, for which we haveprofitability data corresponding to the 1994-1998 five-year period, meaning that thestatistical analysis is applied to 3395 observations.Key words: En la línea de otros trabajos, en esta investigación tratamos de analizar cuál es la importancia relativa del conjunto de factores industriales (efecto sector) frente al conjunto de características internas de las empresas (efecto empresa) en la determinación de la rentabilidad empresarial. Para ello, realizamos un análisis de componentes de la varianza, con el objetivo de confirmar o refutar los resultados obtenidos por los estudios previos, utilizando un conjunto distinto de empresas con datos más actualizados sobre su rentabilidad. En concreto, nuestra muestra está compuesta por 679 empresas manufactureras de la Comunidad Valenciana, de las que se dispone de datos sobre su rentabilidad durante cinco años (1994-1998), de forma que el análisis estadístico se aplica sobre 3395 observaciones.

Suggested Citation

  • Enrique Claver Cortés & José Francisco Molina Azorín, 2002. "La Importancia De La Empresa Y Del Sector Industrial Como Determinantes De La Rentabilidad Empresarial: Un Análisis Empírico Para Las Empresas Manufactureras De La Comunidad Valenciana," Working Papers. Serie EC 2002-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasec:2002-11

    Download full text from publisher

    File URL:
    File Function: Fisrt version / Primera version, 2002
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ivi:wpasec:2002-11. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Departamento de Edición). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.