Author: M. Ishaq NadiriPublisher:
ISBN:
Category : Telecommunication
Languages : en
Pages : 52
Book Description
The Changing Structure of Cost and Demand for the U.S. Telecommunications Industry
Author: M. Ishaq NadiriPublisher:
ISBN:
Category : Telecommunication
Languages : en
Pages : 52
Book Description
The Telecommunications Act of 1996: The “Costs” of Managed Competition
Author: Dale E. LehmanPublisher: Springer Science & Business Media
ISBN: 1461543150
Category : Business & Economics
Languages : en
Pages : 134
Book Description
The Telecommunications Act of 1996 envisioned a competitive free-for-all in the U.S. telecommunications industry with removal of barriers to entry in local telecommunications markets and the lifting of the artificial restrictions that kept the Regional Bell Operating Companies (RBOCs) out of the interLATA long-distance market. After close to 5 years, only one RBOC has been granted permission (controversially) to enter the interLATA market, and local competition has yet to provide most consumers with meaningful choices. In addition, the wave of mergers across the industry has raised the specter of putting the former Bell System back together again. Policymakers now openly question whether the Act can deliver what it promised. Three principal themes are developed in this book. First, there has been a coordination failure between Congress and the FCC in translating the principles embodied in the Act into practice. The authors provide evidence for this by analyzing stock market reactions to legislative and regulatory actions. This coordination failure was largely predictable, given the ambiguity in the Act, as well as conflicting jurisdictions between the FCC and the states. Second, the Act calls for wholesale prices to be `based on cost.' Regulators adopted a costing standard (TELRIC) that provides a means to subsidize competitive entry in local telephone service markets. The ready adoption of the TELRIC standard by regulators is shown to be tied to the third theme: price cap regulation provides regulators with `insurance' against the adverse effects of competition in local telephone markets. Statistical analysis reveals that regulators in price cap states set uniformly lower unbundled network element prices (lower barriers to entry) in comparison with regulators in rate-of-return and earnings sharing states. The result is a triumph of regulatory processes over market processes - the antithesis of the purpose of the Act.
Efficiency, Market Dynamics and Industry Growth
Author: J. K. SenguptaPublisher: Springer
ISBN: 0230248667
Category : Business & Economics
Languages : en
Pages : 174
Book Description
The dynamics of industry growth, technology and globalization have a dramatic impact on the current economic growth of nations, significantly changing the market structure and world trade, and challenging the competitive equilibrium and their guiding principles. In the world of innovations and spill-over of R&D effects, various forms of non-competitive market structures have evolved in recent times. This book analyzes the new paradigm of change in technology intensive industries, with an emphasis in three main areas; non-parametric models of growth, sources of industry growth and non-competitive market structures in a dynamic framework. The authors to this volume utilise theoretical and empirical analysis to examine the role of R&D investment and Solow-type technical progress, using the non-parametric methods of efficiency analysis, also known as Data Envelopment Analysis. This book is essential reading for all interested in economic theory and innovation.
Technical Change, Markup, Divestiture and Productivity Growth in the U.S. Telecommunications Industry
Author: M. Ishaq NadiriPublisher:
ISBN:
Category : Telecommunication
Languages : en
Pages : 62
Book Description
NBER Reporter
Author: National Bureau of Economic ResearchPublisher:
ISBN:
Category :
Languages : en
Pages : 296
Book Description
Productivity and Economic Performance in the Asia-Pacific Region
Author: Tsu-Tan FuPublisher: Edward Elgar Publishing
ISBN: 9781782542582
Category : Business & Economics
Languages : en
Pages : 472
Book Description
'. . . this voluminous book is well put together and clearly worth a read.' - Renuka Mahadevan, ASEAN Bulletin Following on from their previous book Economic Efficiency and Productivity Growth in the Asia-Pacific Region, the authors in this volume analyse the economic performance of many of the major economies in the Asia-Pacific region including Taiwan, Thailand, Singapore, Korea, Indonesia, Hong Kong, China and Japan. They examine economic and productivity growth, competitiveness and efficiency developments in the region. An introductory essay by the editors surveys recent economic developments in the region whilst introducing and cohesively integrating the chapters that follow. The studies employ a variety of modern analytical constructs and empirical techniques of open economy growth accounting as well as the measurement of productivity change, technical change and economic efficiency. A number of the chapters examine the entire region while others focus exclusively on a nation or industry. Several chapters study the causes and consequences of the financial crises in the region in 1997 from a recent historical perspective.
Information Economics and Policy
Author: International Telecommunications SocietyPublisher:
ISBN:
Category :
Languages : en
Pages : 978
Book Description
Working Paper Series
Author: Journal of Regulatory Economics
Author: Monthly Labor Review
Author: Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 624
Book Description
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.