Publicado

2014-01-01

¿Es Chile un mercado competitivo? Análisis de la persistencia de la rentabilidad aplicando un panel dinámico

Is chile a competitive market? Analysis of persistence of profits using a dynamic panel approach

O chile é um mercado competitivo? Análise da persistência da rentabilidade aplicando um painel dinâmico

DOI:

https://doi.org/10.15446/innovar.v24n51.41536

Palabras clave:

persistencia de la rentabilidad, panel dinámico, organización industrial (es)
Persistence of profits, dynamic panel, industrial organization (en)
persistência da rentabilidade, painel dinâmico, organização industrial (pt)

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Autores/as

  • Claudio Araya Sassi Pontificia Universidad Católica de Valparaíso
  • Pablo Rodrigo Universidad Adolfo Ibáñez
  • Francisco Morales Universidad Adolfo Ibáñez
La persistencia de las rentabilidades es un fenómeno largamente estudiado, tanto en países desarrollados como en países en desarrollo. Sin embargo, la evidencia empírica es mixta. Mientras algunos estudios sugieren que las firmas compitiendo en países en desarrollo tienen niveles de persistencia menores, también existen estudios que señalan que la persistencia de las rentabilidades es menor en firmas de países desarrollados. En este estudio se utiliza una metodología de panel dinámico para analizar el nivel de persistencia de la rentabilidad de firmas compitiendo en Chile. Los resultados sugieren que en Chile existe un entorno competitivo más bien débil, que no logra erosionar sustantivamente el desempeño de las firmas, situando al país en un nivel de competitividad interna incluso menor al de países de un nivel de desarrollo económico inferior.
The phenomenon of persistence of profits has been studied for a considerable time in both developed and developing countries. However, the empirical evidence is inconsistent: while some research suggests that companies operating in developing countries display lower persistence levels, other studies find this to be the case for firms in developed countries. This paper uses a dynamic panel approach to examine the persistence of profits of companies operating in Chile. The results suggest that Chile's competitive environment is relatively weak and incapable of eroding company performance significantly. Chile displays lower levels of competetiveness even than countries with lower levels of economic development.
A persistência das rentabilidades é um fenômeno amplamente estudado, tanto em países desenvolvidos quanto em países em via de desenvolvimento. Contudo, a evidência empírica é variada: enquanto alguns estudos sugerem que as firmas que competem em países em desenvolvimento têm níveis de persistência menores, também existem estudos que indicam que a persistência das rentabilidades é menor em firmas de países desenvolvidos. Neste estudo, utiliza-se uma metodologia de painel dinâmico para analisar o nível de persistência da rentabilidade de firmas que competem no Chile. Os resultados sugerem que no Chile existe um ambiente competitivo mais fraco, que não consegue acabar substancialmente o desempenho das firmas, o que situa o país em um nível de competitividade interna inclusive menor ao de países de um nível de desenvolvimento econômico inferior.

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Cómo citar

Araya Sassi, C., Rodrigo, P., & Morales, F. (2014). ¿Es Chile un mercado competitivo? Análisis de la persistencia de la rentabilidad aplicando un panel dinámico. Innovar, 24(51), 113-126. https://doi.org/10.15446/innovar.v24n51.41536

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