Resumen: This is pioneering research in that it makes a comparison of the process of con- vergence of long-run profits in the manufacturing sector of six European countries (2000-12), differentiating between SMEs and large firms, and by identifying the impact of the crisis on this process. The results obtained by employing the convergence model, known as the Partial Adjustment Model, indicate that the inter-country competitive process, is working better among large companies than among SMEs. The impact of the crisis on this process has been uneven across the countries and the sizes of the firms. Idioma: Inglés Año: 2015 Publicado en: Estudios de Economia 42, 1 (2015), 79-97 ISSN: 0304-2758 Factor impacto JCR: 0.35 (2015) Categ. JCR: ECONOMICS rank: 287 / 344 = 0.834 (2015) - Q4 - T3 Factor impacto SCIMAGO: 0.157 - Economics and Econometrics (Q4)