Persistence of profitability and competition in emerging markets

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Are emerging economies less efficient? Performance persistence and the impact of business group affiliation (2005, background): “More recently, however, some revisionist scholars have argued exactly the opposite, stating that competition is just as strong and alive, or even greater in EE (e.g. Glenn, Lee, and Singh, 2001; Tybout, 2000).”
Endogeneity and the Dynamics of Internal Corporate Governance (2012, unknown): “Glen, Lee, and Singh (2001) and Gschwandtner (2005) suggest that two lags is sufficient to capture the persistence of profitability.”
Profit persistence in the ‘very’ long run: evidence from survivors and exiters (2005, methodology): “Glen et al. (2001) apply a relatively powerful unit root test provided by Im et al. (1997) to a sample of seven emerging countries and find that the unit root hypothesis is systematically rejected in all countries.”
Corporate Profitability and the Dynamics of Competition in Emerging Markets: A Time Series Analysis (2003, unknown): “The paper is a sequel to Glen, Lee and Singh (2001), henceforth GLS, which suggested that the persistency coefficients for the above sample DCs were generally smaller than those observed for ACs.”