ASSESSING COMPETITION WITH THE PANZAR-ROSSE MODEL: THE ROLE OF SCALE, COSTS, AND EQUILIBRIUM

Sherrill Shaffer, Jacob A Bikker, Laura Spierdijk

    Research output: Contribution to journalArticle

    Abstract

    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 compe
    Original languageEnglish
    Pages (from-to)1025-1044
    JournalReview of Economics and Statistics
    Volume94
    Issue number4
    DOIs
    Publication statusPublished - 2012

    Fingerprint Dive into the research topics of 'ASSESSING COMPETITION WITH THE PANZAR-ROSSE MODEL: THE ROLE OF SCALE, COSTS, AND EQUILIBRIUM'. Together they form a unique fingerprint.

    Cite this