Financial returns of Spanish business, 1880-1981: An estimation from a sectorial point of view

Authors

  • Xavier Tafunell

DOI:

https://doi.org/10.1344/rhi.v0i18.18549

Keywords:

Profitability, Business History, Sectorial Differenciation, Business Cycles

Abstract

This paper presents a first estimate of Spanish business profitability (return oil equity) for the period 1880 to 1981. Both quantitative data and qualitative analysis focus on main economic sectors' profitability performance and persistent differences concerning individual companies' profitability. Prominent aspects stemming from the evidence presented here are the following ones: in general, profitability has fluctuated according to business cycle; different sectors have followed distinctive patterns; and a great number of companies have had a profitability profile quite different from the average, which can be explained in great part by the existence of strong persistent disparities in rates of return among sectors.

Downloads

Download data is not yet available.

Downloads

Published

2017-04-27

How to Cite

Tafunell, Xavier. 2017. “Financial Returns of Spanish Business, 1880-1981: An Estimation from a Sectorial Point of View”. Revista De Historia Industrial — Industrial History Review, no. 18 (April):71-112. https://doi.org/10.1344/rhi.v0i18.18549.

Issue

No. 18 (2000)

Section

Articles

License

El/la autor/a cede los derechos al/la editor/a. Creative Commons

El/la autor/a que publica en esta revista está de acuerdo con los términos siguientes:
  1. El/la autor/a cede en exclusiva todos los derechos de propiedad intelectual al/la editor/a para todo el mundo y toda la duración de los derechos de propiedad intelectual vigentes aplicables.
  2. El/la editor/a difundirá los textos con la licencia de reconocimiento de Creative Commons que permite compartir la obra con terceros, siempre que éstos reconozcan su autoría, su publicación inicial en esta revista y las condiciones de la licencia.