Ombre rosse

William Parsons, third Earl of Rosse

Luci e ombre sulla gestione del patrimonio industriale dismesso

Le vaste dismissioni industriali hanno aperto un problema strategico nell’ambito più generale del patrimonio edilizio pubblico e privato. Per la riutilizzazione e la gestione di tale patrimonio dismesso si pongono oggi in discussione, dopo decenni di politiche di invasione di nuove zone territoriali, questioni fondate sulla riconversione delle aree e sul recupero degli edifici, considerati orma...

Competition In Iran’s Banking Sector: Panzar-Rosse Approach

The Iranian banking sector has undergone huge and substantial reform in the last decade; privatization, establishment of private banks and development of modern technologies (IT). This paper investigates the competitive condition of the Iranian banking industry over the period 2005-2010 using the H-statistic proposed by Panzar and Rosse. The properties of this non-structural methodology make it...

PANZAR AND ROSSE STYLE TESTS OF MARKET STRUCTURE IN THE U.S. MOTOR CARRIER INDUSTRY By

Panzar and Rosse tests for market structure, utilizing analysis of reduced form revenue equations, indicate that the trucking industry is not in long-run perfectly competitive equilibrium. However, it is ambiguous whether this is due to competitive disequilibrium or the existence of market power.

Assessing 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...