Resumen

DAZA IZQUIERDO, Julio. Firm growth and profitability for the industrial sector in Brazil. Contad. Adm [online]. 2016, vol.61, n.2, pp.266-282. ISSN 0186-1042.  https://doi.org/10.1016/j.cya.2015.12.001.

In recent years, emerging countries growth rates are beating those from developed ones, being at the top positions worldwide. These countries, and especially Brazil, are showing great business opportunities, offering high profit and growth rates that developed countries do not offer. In this context, the aim of this study is to analyze the profitability-growth relationship for the industrial sector in Brazil during the period 2002-2012. To that end, we consider a set of linear and no-linear panel data models which are estimated employing the most relevant approaches in each case to obtain efficient and robust estimators. Furthermore, we analyze profitability and growth persistence as well as the linkage between firm size and growth. Our results reveal that there are evidence of relationship between growth and profitability.

Palabras llave : Firm growth and profitability; Emerging markets; Panel data; Industrial sector.

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