Publication Cover
The Engineering Economist
A Journal Devoted to the Problems of Capital Investment
Volume 46, 2001 - Issue 2
26
Views
9
CrossRef citations to date
0
Altmetric
Original Articles

MEASURING THE IMPACT OF PRICE CAPS ON PRODUCTIVE EFFICIENCY IN TELECOMMUNICATIONS IN THE UNITED STATES

Pages 81-113 | Published online: 31 May 2007

REFERENCES

  • ABRAMOVITZ , M. ,“ Resource and Output Trends in the United States Since 1870 ,” National Bureau of Economic Research , 1956 .
  • ALI , A. and L. SEFFORD ,“ The Mathematical Programming Approach to Efficiency Analysis ,” in Fried, H., Lovell, C, and Schmidt, S. (eds.) , The Measurement of Productive Efficiency Oxford University Press, Inc ., 1993
  • AVERCH , H. and L. JOHNSON ,“ Behavior of the Firm Under Regulatory Constraint ,” American Economic Review , Vol. 52 , 1962 , pp. 1052 – 1069 .
  • BANKER , R. , W. CHARNES , and W. COOPER ,“ Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis ,” Management Science , Vol. 30 , 1984 , pp. 1078 – 1092 .
  • BARON , D. ,“ Information, Incentives, and Commitment in Regulatory Mechanisms Regulatory Innovation in Telecommunications ,” in Einhorn, M. (ed.) , Price Caps and Incentive Regulation in Telecommunications , Kluwer Academic Publishers , 1993 .
  • BAUER , P. ,“ Decomposing TFP Growth in the Presence of Cost Inefficiency, Non-constant Returns to Scale, and Technological Progress ,” Journal of Productivity Analysis , Vol. 1 , 1990 , pp. 287 – 300 .
  • BERNSTEIN , J. and D. SAPPINGTON ,“ Setting the X Factor in Price Cap Regulation Plans ,” Working Paper 6622 , National Bureau of Economic Research, 1998 .
  • BlNSWANGER , H. ,“ The Measurement of Technical Change Biases with Many Factors of Production ,” American Economic Review , Vol. 64 , 1974 , pp. 964 – 976 .
  • BRENNAN , T. ,“ Regulating by Capping Prices ,” Journal of Regulatory Economics , Vol. 1 , 1989 , pp. 133 – 147 .
  • BROWN , M. and J. POPKIN ,“ A Measure of Technical Change and Returns to Scale ,” Review of Economics and Statistics , Vol. 44 , 1962 , pp. 402 – 411 .
  • CABRAL , L. and M. RIORDAN ,“ Incentives for Cost Reduction under Price Cap Regulation ,” Journal of Regulatory Economics , Vol. 1 , 1989 , pp. 26 – 42 .
  • CHARNES , A. , W. COOPER , and E. RHODES ,“ Measuring the Efficiency of Decision Making Units ,” European Journal of Operational Research , Vol. 12 , 1978 , pp. 429 – 444 .
  • COELLI , T. , A Guide to DEAP Version 2.1 A Data Envelopment Analysis (Computer) Program, Department of Econometrics , University of New England. Armidale , NSW , Australia , 1996 .
  • DAVID , P. , T. VAN DE KLUNDERT ,“ Biased Efficiency Growth and Capital-Labor Substitution in the U.S., 1899-1969 ,” American Economic Review , Vol. 55 , 1965 , pp. 357 – 394 .
  • DEBREU , G. ,“ The Coefficient of Resource Utilization ,” Econometrica , Vol. 19 , 1951 , pp. 273 – 292 .
  • DODD , A. , The Essential Guide to Telecommunications , Prentice-Hall, Inc ., 1998
  • FARE , R. , S. GROSSKOPF , and C. LOVELL , Production Frontiers , Cambridge University Press , 1994 .
  • FARRELL , M. ,“ The Measurement of Productive Efficiency ,” Journal of the Royal Statistical Society , Vol. 120 , 1957 , pp. 253 – 281 .
  • Federal Communications Commission (various years) Statistics of Communications Common Carriers U.S. Government Printing Office .
  • GOLDSMITH , R. , A Perpetual Inventory of National Wealth National Bureau of Economic Research , 1951 .
  • KAHN , A. , The Economics of Regulation , John Wiley and Sons , Inc., 1970 .
  • KoOPMANS , T. ,“ An Analysis of Production as an Efficient Combination of Activities ,” in Koopmans, T., (ed.) , Activity Analysis of Production and Allocation , John Wiley and Sons , Inc., 1951 .
  • KRIDEL , D. , D. SAPPINGTON , and D. WEISMAN ,“ The Eftects of Incentive Regulation in the Telecommunications Industry A Survey ,” Journal of Regulatory Economics , Vol. 9 , 1996 , pp. 269 – 306 .
  • LEIBENSTEIN , H. and S. MAITAL ,“ Empirical Estimation and Partitioning of X-Inefficiency A Data-Envelopment Approach ,” American Economic Review , Vol. 82 , 1992 , pp. 428 – 433 .
  • LITTLECHILD , S. ,“ Regulation of British TelecomApos;s Profitability ,” Report to the Secretary of State, Department of Industry , 1983 .
  • LOVELL , C. ,“ Production Frontiers and Productive Efficiency ,” in Fried, H., Lovell, C, and Schmidt, S. (eds.) , The Measurement of Productive Efficiency, Oxford University Press , Inc. 1993 .
  • MAJUMDAR , S. ,“ X-Efficiency in Emerging Competitive Markets The Case of U.S. Telecommunications ,” Journal of Economic Behavior and Organization , Vol. 26 , pp. 129 – 144 .
  • MAJUMDAR , S. ,“ Incentive Regulation and Productive Efficiency in the U.S. Telecommunications Industry ,” Journal of Business , Vol. 70 , 1997 , pp. 28 – 96 .
  • MAJUMDAR , S. “ With a Little Help from My Friends? Cross-Subsidy and Installed-Base Quality in the U.S. Telecommunications Industry ,” International Journal of Industrial Organization , Vol. 18 , 2000, pp. 445 – 470 .
  • MITCHELL , B. and I. Vogelsang , Telecommunications Pricing Theory and Practice, Cambridge University Press , 1991 .
  • NEWTON , R. , Newton's Telecom Dictionary , Miller Freeman , Inc., 1999 .
  • NISHIMIZU , M. and J. Page ,“ Total Factor Productivity Growth, Technological Progress and Technical Efficiency Change Dimensions of Productivity Change in Yugoslavia, 1965-1978 ,” Economic Journal , Vol. 92 , 1982 , pp. 920 – 936 .
  • OHTA , M. ,“ A Note on the Duality between Production and Cost Functions Rate of Return to Scale and Rate of Technological Progress ,” Economic Studies Quarterly , Vol. 25 , 1974 , pp. 63 – 65 .
  • RESENDE , M. ,“ Regulatory Regimes and Efficiency in US Dcal Telephony ,” Oxford Economic Papers , Vol. 52 , 2000 , pp. 47 – 470 .
  • SAPPINGTON , D. ,“ Strategic Firm Behavior under a Dynamic Regulatory Adjustment Process ,” The Bell Journal of Economics , Vol. 11 , 1980 , pp. 360 – 372 .
  • SEIFORD , L. and R. THRALL ,“ Recent Developments in DEA The Mathematical Programming Approach to Frontier Analysis ,” Journal of Econometrics , Vol. 46 , 1990 , pp. 7 – 38 .
  • SHERMAN , R. ,“ The Averch and Johnson Analysis of Public Utility Regulation Twenty Years Later ,” Review of Industrial Organization , Vol. 2 , 1985 , pp. 178 – 193 .
  • SHERMAN , R. “ Capital Waste in the Rate-of-Return Regulated Firm ,” Journal of Regulatory Economics , Vol. 4 , 1992 , pp. 197 – 204 .
  • SHIN , R. and J. YlNG ,“ Costly Gains to Breaking Up LECs and the Baby Bells ,” Review of Economics and Statistics , Vol. 98 , 1993 , pp. 357 – 361 .
  • SOLOW , R. “ Technical Change and the Aggregate Production Function. ” Review of Economics and Statistics , Vol. 39 , 1956 , pp. 312 – 320 .
  • TARDIF , T. , and W. TAYLOR ,“ Telephone Company Performance Under Alternative Forms of Regulation ,” National Economic Research Associates , 1993 .
  • TAYLOR , L. , Telecommunications Demand in Theory and Practice , Kluwer Academic Publishers , 1994 .
  • Telecommunications Industry Association,Multimedia Telecommunications Market Review and Forecast, MMMTA Market Research, 2000 .
  • URI , N. ,“ Price Caps and the Error in X-Factor Calculations ,” Information Economics and Policy , Vol. 12 , 2000 , pp. 329 – 339 .
  • VOGELSANG , I. ,“ Price-Cap Regulation of Telecommunications Services A Long-Run Approach ,” in M. Crew (eel.) , Deregulation and Diversification of Utilities, Kluwer Academic Publishers , 1988 .
  • VOGELSANG , L. ,“ A Non-Bayesian Incentive Mechanism Using Two-Part Tariffs ,” in M. Einhorn (ed.) , Price Caps and Incentive Regulation in Telecommunications , Kluwer Academic Publishers , 1991 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.