Welfare-Improving Privatization Policy in the Telecommunications Industry
Welfare-Improving Privatization Policy in the Telecommunications Industry
复制标题
电信业改善福利的私有化政策
DOI:
10.1093/cep/byj009
复制
发表时间:
2006
期刊:
影响因子:
--
通讯作者:
Sang‐Ho Lee
中科院分区:
文献类型:
--
作者:
Sang‐Ho Lee
This article considers the vertical structure of the telecommunications industry and examines the welfare effects of privatization on the public enterprise, where the public enterprise supplies the essential network service of the upstream market and competes against private, independent firms in a mixed downstream market. It is shown that the cost advantage of the independent rivals improves welfare postprivatization. Several relevant and current policy issues on the process of privatization in the telecommunications industry are also discussed. (JEL "L50, D42)" Copyright 2006 Western Economic Association International.