STIMOLO MARIA INES
Artículos
Título:
How different cost behaviour is in emerging economies? Evidence from Argentina
Autor/es:
STIMOLO, MARIA INES
Revista:
Journal of Accounting in Emerging Economies
Editorial:
Emerald Publishing Limited
Referencias:
Lugar: Bingley; Año: 2019 vol. 10 p. 21 - 21
ISSN:
2042-1168
Resumen:
urposeCost behaviour literature is expanding its reach beyond developed economies; however, there is limited knowledge about its causes in emerging economies. This is an exploratory study of sticky costs behaviour determinants in Argentina, a country with periodic political and economic turbulence. The purpose of this paper is to test the effect of GDP, asset intensity, industry and cost type in an inflationary context.Design/methodology/approachAnderson et al. (2003) empirical regression (ABJ model) is replicated in Argentina with 667 observations from 96 firms between the years 2004 and 2012. It uses panel data and variables are defined as change rates between two periods. The sample excludes financial and insurance firms. It tests if sticky cost behaviour changes in periods of macroeconomic deceleration, or in firms belonging to industries with different asset intensity levels, or among different cost types.FindingsThe analysis shows that costs are sticky in Argentina, where a supe