Measuring Competition in the U.S. Airline Industry Using the Rosse-Panzar Test and Cross-Sectional Regression Analyses
نویسندگان
چکیده
منابع مشابه
Competition In Iran’s Banking Sector: Panzar-Rosse Approach
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15 صفحه اولAssessing Competition with the Panzar-Rosse Model: The Role of Scale, Costs, and Equilibrium
The Panzar-Rosse test has been widely applied to assess competitive conduct, often in specifications controlling for firm scale or using a price equation. We show that neither a price equation nor a scaled revenue function yields a valid measure for competitive conduct. Moreover, even an unscaled revenue function generally requires additional information about costs and market equilibrium to in...
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ژورنال
عنوان ژورنال: Journal of Applied Economics
سال: 2003
ISSN: 1514-0326,1667-6726
DOI: 10.1080/15140326.2003.12040586