Madden, Gary G and Savage, Scott J (2000): Market structure, competition, and pricing in United States international telephone service markets. Published in: The Review of Economics and Statistics , Vol. 2, No. 82 (2000): pp. 291-296.
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Abstract—Several national governments argue international telephone prices are high because of asymmetric competition and inefficiencies in the accounting arrangements that govern the telecommunications services trade. This paper develops a model of U.S. international telephone pricing that allows for the accounting rate system and contains market-structure variables for both the U.S. and foreign ends of bilateral markets. Model estimation is on 39 bilateral telephone markets from 1991 through 1994. Parameter estimates reveal that settlement rates, market concentration, competition at either end of the bilateral market, and ownership are significant determinants of prices. These findings support initiatives promoting accounting-rate reductions and increased competition.
|Item Type:||MPRA Paper|
|Original Title:||Market structure, competition, and pricing in United States international telephone service markets|
|Keywords:||United States international telephone service markets|
|Subjects:||L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications|
|Depositing User:||Gary G Madden|
|Date Deposited:||19. Oct 2008 07:12|
|Last Modified:||13. Feb 2013 19:31|
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