First off, 50PFP5332 is not Panasonic, but Philips.
Second, what I would do is this: open the TV by taking off the back cover (that's lots of screws to unscrew) and try to powering it on again.
There is a little green LED on a small board sitting at the lower right corner of the power board (see image in the listing below).
Look at that light when the TV comes on and see if it starts blinking or if it stays solid.
if it blinks you *likely* (not surely) have a problem with the power board.
if not then you can start looking elsewhere and the Y-Main board will be my first candidate...in fact you can also try disconnecting the Y-Main board from the power to see if that will make difference in the startup behavior of the TV.
That's as much time as I can allocate you at no cost.
For more use
www.coppelltvrepair.com/diagnose .
Oh, and the listing for the power board repair:
http://www.ebay.com/itm/LJ92-01511A-996510019427-POWER-BOARD-PHILIPS-50PFP5332D-REPAIR-SERVICE-/110889089101
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