منابع مشابه
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.
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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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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...
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We express some criticism about the definition of an algorithmic sufficient statistic and, in particular, of an algorithmic minimal sufficient statistic. We propose another definition, which might have better properties.
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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...
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ژورنال
عنوان ژورنال: Theoretical Economics Letters
سال: 2017
ISSN: 2162-2078,2162-2086
DOI: 10.4236/tel.2017.71004