A dynamic panel analysis of the profitability of Australian tax entities
MetadataShow full item record
This paper investigates the determinants of profitability of Australian tax entities using data for 91 different industries over the period 1991/ 92 to 1996/97. A simple oligopoly model is augmented with lagged profitability to allow for persistence of profitability shocks. The Wansbeek-Bekker estimator is used to control for endogeneity of this lagged dependent variable, whilst simultaneously controlling for observed and unobserved entity heterogeneity. Aggregate results suggest that profitability in the previous year, capital intensity, and barriers to entry have the expected positive association with current profitability. Market share - and to a lesser extent concentration - have a U shaped relationship with profitability. © Springer-Verlag 2005.
Showing items related by title, author, creator and subject.
Staff retention factors in the non-profit sector: An examination of a West Australian community organizationColleran, N.; Gilchrist, David; Morris, C. (2010)In Australia today, non-profit organisations, like most other entities, are trying to respond effectively to challenges associated with the recruitment and retention of competent, experienced and committed staff. Unlike ...
Disentangling Taxation Right Rules in Business Taxation: Tracing the Work of International OrganisationsAllen, Christina (2022)The international effort to coordinate tax rules across nations began nearly a century ago, originally aimed at eliminating double taxation. The effort was expanded to tax business profits on a more consistent basis worldwide. ...
Faed, Alireza (2011)Customer relationship management (CRM) and total quality management (TQM) are two significant tools that have emerged to enhance effectiveness and profitability of business entities. They are concentrated on customer ...