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About the theory and empirical analysis of “the persistence of profit” and its applicability to Colombia


  • Isabel Ruiz

    (Western Michigan Univeristy)


This paper looks into the application of the theory of “the persistence of profits” and how it can be used to model manufacturing industries in Colombia. By explaining where the theory of “persistence of profits” comes from, what it is, and what its determinants are brief descriptions of the theory is given. This paper proposes a model for examining persistence of profits in Colombian manufacturing industry. By analyzing the literature and the modeling in developed countries the model takes into account the characteristics of the manufacturing industry.

Suggested Citation

  • Isabel Ruiz, 2005. "About the theory and empirical analysis of “the persistence of profit” and its applicability to Colombia," Industrial Organization 0511015, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpio:0511015
    Note: Type of Document - pdf; pages: 12. Published in 'Ecos de Economia' at

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    References listed on IDEAS

    1. Isabel Ruiz, 2003. "About the theory and empirical analysis of the persistence of profit"and its applicability to Colombia"," Revista Ecos de Economía, Universidad EAFIT, April.
    2. Geroski, Paul A & Jacquemin, Alexis, 1988. "The Persistence of Profits: A European Comparison," Economic Journal, Royal Economic Society, vol. 98(391), pages 375-389, June.
    3. Juán Sebastián Maya & Lina Marcela Cardona Sosa & Alberto Jaramillo & Hermilson Velásquez, 2002. "Análisis de varianza de los beneficios de las empresas manufactureras en Colombia, 1995-2000," Documentos de Trabajo CIEF 5429, Universidad EAFIT.
    4. Mueller, Dennis C, 1977. "The Persistence of Profits above the Norm," Economica, London School of Economics and Political Science, vol. 44(176), pages 369-380, November.
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    Cited by:

    1. Isabel Ruiz, 2003. "About the theory and empirical analysis of the persistence of profit"and its applicability to Colombia"," Revista Ecos de Economía, Universidad EAFIT, April.
    2. Diem Nguyen & Vicki McCracken & Ken Casavant & Eric Jessup, 2011. "Geographic location, ownership and profitability of Washington log trucking companies," Regional Science Policy & Practice, Wiley Blackwell, vol. 3(2), pages 115-125, June.

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    More about this item


    Monopoly; Market structure; Barriers to Entry;
    All these keywords.

    JEL classification:

    • L - Industrial Organization

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