
Associerad forskare
Sven-Olov Daunfeldt
+46702957284sven-olov.daunfeldt@svensktnaringsliv.se

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.
Daunfeldt, S-O., & Rudholm, N. (2009). “Revenues as Proxy for Profits: A Cautionary Note.”Applied Economic Letters, 16(7): 679–681.