Panzar and Rosse style tests of market structure in the US motor carrier industry

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

An application of the Panzar and Rosse test (1987) for market structure, which utilizes analysis of reduced form revenue equations, indicates that the trucking industry is not in long-run perfectly competitive equilibrium. Unfortunately, the test is ambiguous whether this is due to competitive disequilibrium or the existence of market power. -Author

Original languageEnglish (US)
Pages (from-to)135-144
Number of pages10
JournalLogistics & Transportation Review
Volume31
Issue number2
StatePublished - Jan 1 1995

ASJC Scopus subject areas

  • Environmental Science(all)
  • Earth and Planetary Sciences(all)

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