The DOI matches its Crossref record; 61 of the 61 references it cites were found in a registry or an index.
Assessing Competition with the Panzar-Rosse Model: The Role of Scale, Costs, and Equilibrium
Open accessAbstract
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 infer the degree of competition. Our theoretical findings are confirmed by an empirical analysis of competition in banking, using a sample containing more than 100,000 bank-year observations on more than 17,000 banks in 63 countries during the years 1994 to 2004.
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Cites
A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
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Initial conditions and moment restrictions in dynamic panel data models
Blundell, R., & Bond, S. (1998) · Journal of Econometrics · doi:10.1016/s0304-4076(98)00009-8 · Cited by 22,571
Another look at the instrumental variable estimation of error-components models
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Initial conditions and moment restrictions in dynamic panel data models
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How to do Xtabond2: An Introduction to Difference and System GMM in Stata
Roodman, D. (2009) · The Stata Journal: Promoting communications on statistics and Stata · doi:10.1177/1536867x0900900106 · Cited by 9,848
(2012) · American Economic Review · doi:10.1257/aer.102.7.i · Cited by 6,810
A finite sample correction for the variance of linear efficient two-step GMM estimators
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A Note on the Theme of Too Many Instruments*
Roodman, D. (2009) · Oxford Bulletin of Economics and Statistics · doi:10.1111/j.1468-0084.2008.00542.x · Cited by 5,084
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Metadata
- Authors
- Bikker, J. A., Shaffer, S., & Spierdijk, L.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2012-11
- Volume
- 94
- Issue
- 4
- Pages
- 1025-1044
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2124220071
- Cited by
- 295
- References
- 61
- FWCI
- 46.69
- Type
- journal article
- Language
- en
- Open access
- bronze
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