Explaining the Choice among Regulatory Plans in the U.S. Telecommunications Industry
Explaining the Choice among Regulatory Plans in the U.S. Telecommunications Industry
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解释美国电信行业监管计划的选择
DOI:
10.1111/j.1430-9134.1995.00237.x
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发表时间:
1995
影响因子:
1.9
通讯作者:
D. Sappington
中科院分区:
文献类型:
--
作者:
Stephen G. Donald;D. Sappington
We investigate why different states in the United States choose different regulatory plans in their telecommunications industry. We present a simple theoretical model and an empirical analysis of the issue. We find that a state is more likely to replace rate-of-return regulation with incentive regulation when: (1) residential basic local service rates have historically been relatively high; (2) allowed earnings under rate-of-return regulation in the state have been either particularly high or particularly low; (3) the state's leaders tend to come from both major political parties, rather than from a single party; (4) the state's urban population is growing relatively rapidly; and (5) the bypass activity of competitors in the state is less pronounced. Copyright 1995 by MIT Press.