Traditional telecommunications networks:
Gespeichert in:
| Weitere Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cheltenham, UK [u.a.]
Elgar
2003
|
| Schriftenreihe: | The international handbook of telecommunications economics
1 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XXXVI, 343 S. graph. Darst. |
| ISBN: | 1840642726 |
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Datensatz im Suchindex
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|---|---|
| adam_text | Titel: Traditional telecommunications networks
Autor: Madden, Gary
Jahr: 2003
Contents
Contents of the Handbook xi
List of figures xv
List of tables xvi
List of contributors xix
Preface xxv
Acknowledgements xxxvi
1. On the subadditivity of cost functions 1
Russel J. Cooper, W. Erwin Diewert and Terence J. Wales
Introduction 1
Specification of divisional cost functions 2
Overall cost function and economies of scale 6
Economies of joint production, scope or shared overheads 10
Combined economies of scale and scope 15
Specification of technical progress and the estimating form 21
Calculation of subadditivity measures 24
Empirical results 26
Conclusion 30
Appendix A 31
Appendix B 37
Appendix C 40
Appendix D 52
Appendix E 62
2. Cost function issues and estimation 74
Yale M. Braunstein and Grant Coble-Neal
Introduction 74
Functional forms 75
Data issues 78
Technical change 82
Estimation and testing 86
Estimation results 91
Conclusion 95
v
vi Contents
3. Telecommunications productivity 100
Laurits R. Christensen, Philip E. Schoech and Mark E. Meitzen
Introduction 100
Methodological issues 100
Measurement of output 101
Measurement of capital input 102
Aggregation of inputs and outputs 103
Studies of telecommunications TFP 105
United States industry studies 105
Results of other studies 108
The effect of output growth on TFP growth 110
The role of TFP in price cap regulation 113
Conceptual basis 113
Empirical implementation 114
Conclusion 115
4. Competition in local and long-distance telecommunications
markets 120
T. Randolph Beard and George S. Ford
Introduction 120
Competition, sunk costs and market structure 121
Competition and cross-subsidies in pricing 125
Flow through of cost changes 128
Fragmented duopoly 133
Merger simulations 136
Conclusion 141
5. Telecommunications demand 145
Lester D. Taylor
Introduction 145
Basic features of telecommunications demand 145
Theoretical considerations 149
A generic model of access demand 149
Models of toll demand 151
Point-to-point toll demand 152
Empirical studies 153
Choice of class of local service: Train, McFadden and
Ben-Akiva(1987) 153
Bypass via extended area service: Kridel (1988) 157
Point-to-point toll demand: Larson, Lehman and Weisman (1990) 160
Two-stage budgeting and the total bill effect in toll demand:
Zona and Jacob (1990) 162
Contents vii
An overview of the empirical literature 164
Challenges for the future 168
6. Retail telecommunications pricing in the presence of external
effects 180
Benjamin E. Hermalin and Michael L. Katz
Introduction 180
Access externalities 183
A reduced-form model 184
A richer model: per-message charges 189
Identifiably different user groups 194
(i) Differential access costs 194
(ii) Differential externalities 196
Dynamic pricing models 196
Carrier competition 200
(i) Compatible networks 200
(ii) Incompatible networks 203
Call externalities 203
One-way calling decisions 205
(i) Menus 215
(ii) Simultaneous connection and acceptance externalities 215
Two-way calling decisions 216
Cost differences across users 221
Sources of distortion 222
Repeat play and ongoing caller relationships 225
Conclusion 226
7. Vertical integration in telecommunications 232
Dennis L. Weisman
Introduction 232
Supply-side considerations 233
Demand-side considerations 234
Public policy issues 235
Incentives for exclusionary behavior 236
Overview of theoretical literature - Cournot competition 236
Overview of theoretical literature - Bertrand competition 237
Summary and assessment 238
Cournot analysis 238
Basic model 238
Primary findings 239
(i) General analysis 239
(ii) Linear analysis 242
viii Contents
Summary 245
Bertrand analysis 245
Basic model 246
Primary findings 247
Summary 250
Conclusions 250
8. Global competition in telecommunications 256
Douglas A. Galbi
Introduction 256
Industry economics 257
Cost trends for long-distance communication and their
implications 257
Particular economics of wire-line and wireless local links 258
Alternate paths to security and reliability 260
Search for a stable position in the value distribution 261
Business structure and strategy 262
Incentives to expand geographic scope 262
Organizational history 263
Economics of business structure 266
Strategies of competition 267
Key global policy challenges 268
Making meaningful policy decisions 269
Conclusions 270
9. US settlement reform: an historic review 273
Michael A. Einhorn
Introduction 273
Accounting rules 278
International settlements policy 280
Reform and accounting rates 281
Domestic entry and reciprocal compensation 282
International settlements policy 285
The state of competition 285
Conclusion 288
10. Telecommunications infrastructure and economic
development 293
M. Ishaq Nadiri and Banani Nandi
Introduction 293
Services provided by the telecommunications infrastructure 294
Aggregate contribution of telecommunications capital 297
Contents ix
Direct and indirect effects of investment on telecommunications
capital 299
Input-output approach 301
An econometric cost model 302
Conclusions and unresolved issues 309
11. Universal service 315
James H. Alleman and Paul N. Rappoport
Introduction 315
Definition 316
Goals 316
Instruments 317
Funding mechanism 317
A moving target 318
History of the USO concept 318
Early years 318
Current environment 319
Goals 320
Increasing penetration and promoting subscription 320
Externalities 321
Critique of USO goals and instruments 322
Increase penetration 322
Income redistribution 324
Expenditure 325
Remaining issues 326
Evaluation of USO instruments 326
Evaluation of USO funding mechanisms 327
Pricing above costs 327
Other mechanisms 330
An alternative 330
Conclusions 331
Index 337
|
| adam_txt |
Titel: Traditional telecommunications networks
Autor: Madden, Gary
Jahr: 2003
Contents
Contents of the Handbook xi
List of figures xv
List of tables xvi
List of contributors xix
Preface xxv
Acknowledgements xxxvi
1. On the subadditivity of cost functions 1
Russel J. Cooper, W. Erwin Diewert and Terence J. Wales
Introduction 1
Specification of divisional cost functions 2
Overall cost function and economies of scale 6
Economies of joint production, scope or shared overheads 10
Combined economies of scale and scope 15
Specification of technical progress and the estimating form 21
Calculation of subadditivity measures 24
Empirical results 26
Conclusion 30
Appendix A 31
Appendix B 37
Appendix C 40
Appendix D 52
Appendix E 62
2. Cost function issues and estimation 74
Yale M. Braunstein and Grant Coble-Neal
Introduction 74
Functional forms 75
Data issues 78
Technical change 82
Estimation and testing 86
Estimation results 91
Conclusion 95
v
vi Contents
3. Telecommunications productivity 100
Laurits R. Christensen, Philip E. Schoech and Mark E. Meitzen
Introduction 100
Methodological issues 100
Measurement of output 101
Measurement of capital input 102
Aggregation of inputs and outputs 103
Studies of telecommunications TFP 105
United States industry studies 105
Results of other studies 108
The effect of output growth on TFP growth 110
The role of TFP in price cap regulation 113
Conceptual basis 113
Empirical implementation 114
Conclusion 115
4. Competition in local and long-distance telecommunications
markets 120
T. Randolph Beard and George S. Ford
Introduction 120
Competition, sunk costs and market structure 121
Competition and cross-subsidies in pricing 125
Flow through of cost changes 128
Fragmented duopoly 133
Merger simulations 136
Conclusion 141
5. Telecommunications demand 145
Lester D. Taylor
Introduction 145
Basic features of telecommunications demand 145
Theoretical considerations 149
A generic model of access demand 149
Models of toll demand 151
Point-to-point toll demand 152
Empirical studies 153
Choice of class of local service: Train, McFadden and
Ben-Akiva(1987) 153
Bypass via extended area service: Kridel (1988) 157
Point-to-point toll demand: Larson, Lehman and Weisman (1990) 160
Two-stage budgeting and the total bill effect in toll demand:
Zona and Jacob (1990) 162
Contents vii
An overview of the empirical literature 164
Challenges for the future 168
6. Retail telecommunications pricing in the presence of external
effects 180
Benjamin E. Hermalin and Michael L. Katz
Introduction 180
Access externalities 183
A reduced-form model 184
A richer model: per-message charges 189
Identifiably different user groups 194
(i) Differential access costs 194
(ii) Differential externalities 196
Dynamic pricing models 196
Carrier competition 200
(i) Compatible networks 200
(ii) Incompatible networks 203
Call externalities 203
One-way calling decisions 205
(i) Menus 215
(ii) Simultaneous connection and acceptance externalities 215
Two-way calling decisions 216
Cost differences across users 221
Sources of distortion 222
Repeat play and ongoing caller relationships 225
Conclusion 226
7. Vertical integration in telecommunications 232
Dennis L. Weisman
Introduction 232
Supply-side considerations 233
Demand-side considerations 234
Public policy issues 235
Incentives for exclusionary behavior 236
Overview of theoretical literature - Cournot competition 236
Overview of theoretical literature - Bertrand competition 237
Summary and assessment 238
Cournot analysis 238
Basic model 238
Primary findings 239
(i) General analysis 239
(ii) Linear analysis 242
viii Contents
Summary 245
Bertrand analysis 245
Basic model 246
Primary findings 247
Summary 250
Conclusions 250
8. Global competition in telecommunications 256
Douglas A. Galbi
Introduction 256
Industry economics 257
Cost trends for long-distance communication and their
implications 257
Particular economics of wire-line and wireless local links 258
Alternate paths to security and reliability 260
Search for a stable position in the value distribution 261
Business structure and strategy 262
Incentives to expand geographic scope 262
Organizational history 263
Economics of business structure 266
Strategies of competition 267
Key global policy challenges 268
Making meaningful policy decisions 269
Conclusions 270
9. US settlement reform: an historic review 273
Michael A. Einhorn
Introduction 273
Accounting rules 278
International settlements policy 280
Reform and accounting rates 281
Domestic entry and reciprocal compensation 282
International settlements policy 285
The state of competition 285
Conclusion 288
10. Telecommunications infrastructure and economic
development 293
M. Ishaq Nadiri and Banani Nandi
Introduction 293
Services provided by the telecommunications infrastructure 294
Aggregate contribution of telecommunications capital 297
Contents ix
Direct and indirect effects of investment on telecommunications
capital 299
Input-output approach 301
An econometric cost model 302
Conclusions and unresolved issues 309
11. Universal service 315
James H. Alleman and Paul N. Rappoport
Introduction 315
Definition 316
Goals 316
Instruments 317
Funding mechanism 317
A moving target 318
History of the USO concept 318
Early years 318
Current environment 319
Goals 320
Increasing penetration and promoting subscription 320
Externalities 321
Critique of USO goals and instruments 322
Increase penetration 322
Income redistribution 324
Expenditure 325
Remaining issues 326
Evaluation of USO instruments 326
Evaluation of USO funding mechanisms 327
Pricing above costs 327
Other mechanisms 330
An alternative 330
Conclusions 331
Index 337 |
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| spelling | Traditional telecommunications networks ed. by Gary Madden Cheltenham, UK [u.a.] Elgar 2003 XXXVI, 343 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier The international handbook of telecommunications economics v. 1 Telecommunication Telecommunication systems Madden, Gary 1952-2017 (DE-588)124673341 edt The international handbook of telecommunications economics 1 (DE-604)BV021465056 1 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=014695785&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Traditional telecommunications networks The international handbook of telecommunications economics Telecommunication Telecommunication systems |
| title | Traditional telecommunications networks |
| title_auth | Traditional telecommunications networks |
| title_exact_search | Traditional telecommunications networks |
| title_exact_search_txtP | Traditional telecommunications networks |
| title_full | Traditional telecommunications networks ed. by Gary Madden |
| title_fullStr | Traditional telecommunications networks ed. by Gary Madden |
| title_full_unstemmed | Traditional telecommunications networks ed. by Gary Madden |
| title_short | Traditional telecommunications networks |
| title_sort | traditional telecommunications networks |
| topic | Telecommunication Telecommunication systems |
| topic_facet | Telecommunication Telecommunication systems |
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