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Profits in the Airframe Industry

Sidney L. Carroll
Quarterly Journal of Economics 1972 86(4), 545
I. Introduction, 545. — II. The airframe industry, 546. — III. Separation of the industry, 550. — IV. Estimated relationships between profits and contracts, 552. — V. Imputation of profits, 556. — VI. Conclusions, 560. — Appendix, 561.