Madden, Gary G and Savage, Scott J and Ng, Jason (2003): Asia-Pacific telecommunications liberalisation and productivity performance. Published in: Australian Economic Papers , Vol. 1, No. 42 (2003): pp. 91-102.
Download (115Kb) | Preview
This study examines the growth in total factor productivity (TFP) of 12 Asia-Pacific telecommunications carriers for the period 1987 through 1990. Carriers are chosen to represent the stages of telecommunications liberalisation identified by the International Telecommunication Union (1995a). A model relating TFP growth to output growth, changes in output mix, technology change and market competition and private ownership is estimated on a unique data set obtained from telecommunications carrier annual reports. Empirical results show competition, private ownership, technology change and scale economies improve carrier TFP growth.
|Item Type:||MPRA Paper|
|Original Title:||Asia-Pacific telecommunications liberalisation and productivity performance|
|Keywords:||Asia-Pacific telecommunications; liberalisation and productivity performance|
|Subjects:||L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications|
|Depositing User:||Gary G Madden|
|Date Deposited:||07. Oct 2008 06:05|
|Last Modified:||11. Feb 2013 21:03|
Boyland, O. and Nicoletti, G. 2000, ‘Regulation, Market Structure and Performance in Telecommunications’, Economics Department Working Paper No. 237, OECD, Paris.
Denny, M., Fuss, M. and Waverman, L. 1981, ‘The Measurement and Interpretation of Total Factor Productivity in Regulated Industries, with an Application to Canadian Telecommunications’, in T.G. Cowing and R. Stevenson (eds.) Productivity Measurement in Regulated Industries: Economic Theory, Econometrics and Mathematical Economics, Academic Press, New York.
FCC, 1987–1990, Statistics of Communications Common Carriers, FCC, Washington.
Fuss, M. and Waverman, L. 1977, ‘Multi-product Multi-input Cost Functions for a Regulated Utility: The Case of Telecommunications in Canada’, in G. Fromm (ed), Studies in Public Regulation, MIT Press, Cambridge, MA.
Gort, M. and Sung, N. 1999, ‘Competition and Productivity Growth: The Case of the US Telephone Industry’, Economic Inquiry, vol. 37, pp. 678–691.
Intven. H. and Tetrault, M. 2000, ‘Price Regulation’, in H. Intven and M. Tetrault (eds.), Telecommunications Regulation Handbook, World Bank, Washington.
ITU. 1995a, Asia Pacific Telecommunication Indicators 1995, ITU, Geneva.
ITU. 1995b, World Telecommunication Indicators, ITU, Geneva. Kridel, D., Sappington, D. and Weisman, D. 1996, ‘The Effects of Incentive Regulation in the Telecommunications Industry, Journal of Regulatory Economics, vol. 9, pp. 269–306.
Kwoka, J.E. 1993, ‘The Effects of Divestiture, Privatization and Competition on Productivity in US and UK Telecommunications’, Review of Industrial Organization, vol. 8, pp. 49–61.
Levy, B. and Spiller, P. 1996, Regulations, Institutions, and Commitment: Comparative Studies of Telecommunications, Cambridge University Press, Cambridge.
Madden, G. and Savage, S.J. 2001, ‘Productivity Growth and Market Structure in Telecommunications’, economics of Innovation and New Technology, vol. 11, pp. 203–222.
Madden, G. and Savage, S.J. 2000, ‘Market Structure, Competition and Pricing in United States International Telephone Services Markets’, Review of Economics and Statistics, vol. 82, pp. 291–296.
Megginson, W., Nash, R. and Van Randenborgh, M. 1994, ‘The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis’, Journal of Finance, vol. 49, pp. 403–452.
Melody, W. 1997, ‘Price Regulation and its Implications’, in W. Melody (ed), Telecom Reform: Principles, Policies and Regulatory Practices, Technical University of Denmark, Lyngby.
North, D. 1990, Institutions, Institutional Change and Economic Performance, Cambridge University Press, Cambridge. Oum, T. H. and Zhang, Y. 1995, ‘Competition and Allocative Efficiency: The Case of the US Telephone Industry’, Review of Economics and Statistics, vol. 77, pp. 82–96.
Productivity Commission. 1997, Telecommunications Economics and Policy Issues, AGPS, Canberra.
Ramamurti, R. 1996, ‘The New Frontier of Privatization’, in R. Ramamurti (ed), Privatizing Monopolies:Lessons from the Telecommunications and Transport Sectors in Latin America, John Hopkins University Press, Baltimore.
Ros, A. 1999, ‘Does Ownership or Competition Matter? The Effects of Telecommunications Reform on Network Expansion and Efficiency’, Journal of Regulatory Economics, vol. 15, pp. 65–92.
Schumpeter, J.A. 1942, Capitalism Socialism and Democracy, Unwin, London.
Staranczak, M.Z., Sepulveda, E.R., Dilworth, P.A. and Shaikh, S.A. 1994, ‘Industry Structure, Productivity and International Competitiveness: The Case of Telecommunication’, Information Economics and Policy, vol. 6, pp. 121–142.
Ure, J. 1996, Telecommunications in Asia: Policy, Planning and Development, Hong Kong University Press, Hong Kong. Wellenius, B. and Stern, P. 1994, Implementing Reforms in the Telecommunications Sector: Lessons from Experience, Avebury, Aldershot.
World Bank (1994), World Tables, John Hopkins University Press, Baltimore.