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No 5:
Revenues as a Proxy for Profits: A Cautionary Note

Sven-Olov Daunfeldt () and Niklas Rudholm ()

Abstract: In the entry literature, researchers sometimes use revenues as a proxy for profits because this is the only data available. Doing so could seriously bias the results.

Keywords: Entry; wholesale trade; retail trade; negative binomial regression; (follow links to similar papers)

JEL-Codes: L13; L81; (follow links to similar papers)

19 pages, January 1, 2006

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This paper is published as:
Daunfeldt, Sven-Olov and Niklas Rudholm, (2007), 'Revenues as a Proxy for Profits: A Cautionary Note', European Journal of Finance, Vol. 13, pages 657-667



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