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Globalization and Profitability Adjustment Patterns in International Food and Consumer Products IndustriesYvonne J. AcheampongUniversity of Georgia - Department of Agricultural & Applied Economics James E. EppersonUniversity of Georgia - Department of Agricultural & Applied Economics Timothy A. ParkUniversity of Georgia - Department of Agricultural & Applied Economics Lewell F. GunterUniversity of Georgia - Department of Agricultural & Applied Economics August 2000 University of Georgia Department of Agricultural and Applied Economics Faculty Series 00-16 Abstract: The study encompasses an analysis of the variation in speeds of profitability adjustment and accounting bias by developed country and firm size for two important agribusiness industries. Evidence of speeds of profitability adjustment and accounting bias varying by firm size was found in the beverage and tobacco industry and by country in the food and consumer products industry. This suggests that the competitive pressures of globilization are less of a factor in the food and consumer products industry.
Number of Pages in PDF File: 25 JEL Classification: L100, L150, L660 working papers seriesDate posted: October 23, 2000Suggested CitationContact Information
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