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

نویسنده

  • Ian Savage
چکیده

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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تاریخ انتشار 2013