Mirucki, Jean (1984): A Study of the Averch-Johnson Hypothesis in the Telecommunications Industry. Published in: Atlantic Economic Journal , Vol. XII, No. 1 (March 1984): p. 121.
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Abstract
The purpose of this study is to test the Averch-Johnson hypothesis in Bell Canada based on time-series data covering the 1952-76 period and using a variety of options, ranging from different specifications of the production function, the method of calculation the cost of capital, and the segmentation of the whole sample into shorter samples. Results confirm the presence of the A-J effect and illustrate the sensitivity of our method of investigation, particularly with the segmentation option.
Item Type: | MPRA Paper |
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Original Title: | A Study of the Averch-Johnson Hypothesis in the Telecommunications Industry |
Language: | English |
Keywords: | Overcapitalisation; A-J Effect; Averch-Johnson Hypothesis; Cobb-Douglas Production Function; Cost of Capital |
Subjects: | L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications L - Industrial Organization > L5 - Regulation and Industrial Policy > L51 - Economics of Regulation |
Item ID: | 29088 |
Depositing User: | Jean Mirucki |
Date Deposited: | 25 Feb 2011 16:41 |
Last Modified: | 04 Oct 2019 16:45 |
References: | Averch H. and L. Johnson. Behavior of the Firm Under Regulatory Constraint. American Economic Review, December 1962, pp.1052-69. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/29088 |
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A Study of the Averch-Johnson Hypothesis in the Telecommunications Industry. (deposited 31 Dec 2010 06:25)
- A Study of the Averch-Johnson Hypothesis in the Telecommunications Industry. (deposited 25 Feb 2011 16:41) [Currently Displayed]