Measuring the change in productive efficiency in telecommunications in the USA

Journal of Economic Studies

Volumn 29, Issue 2, 2002, Pages 150-167

  Uri, Noel D ^a  

^a FEDERAL COMMUNICATIONS COMMISSION   (United States)

Author keywords

Regulations; Telecommunications industry; USA

Indexed keywords

EID: 45049086672     PISSN: 01443585     EISSN: None     Source Type: Journal    
DOI: 10.1108/01443580210420808     Document Type: Article

References (53)

1. Abramovitz, M. (1956), Resource and Output Trends in the United States since 1870, National Bureau of Economic Research, New York, NY.
2. Averch, H. and Johnson, L. (1962), "Behavior of the firm under regulatory constraint", American Economic Review, Vol. 52, pp. 1052-69.
3. Baron, D. (1991), "Information, incentives, and commitment in regulatory mechanisms: regulatory innovation in telecommunications", in Einhorn, M. (Ed.), Price Caps and Incentive Regulation in Telecommunications, Kluwer Academic Publishers, Boston, MA.
4. Bernstein, J. and Sappington, D. (1999), "Setting the X factor in price-cap regulation plans", Journal of Regulatory Economics, Vol. 16, pp. 5-25.
5. Binswanger, H. (1974), "The measurement of technical change biases with many factors of production", American Economic Review, Vol. 64, pp. 964-76.
6. Brennan, T. (1989), "Regulating by capping prices", Journal of Regulatory Economics, Vol. 1, pp. 133-47.
7. Brown, M. and Popkin, J. (1962), "A measure of technical change and returns to scale", Review of Economics and Statistics, Vol. 44, pp. 402-11.
8. Cabral, L. and Riordan, M. (1989), "Incentives for cost reduction under price cap regulation", Journal of Regulatory Economics, Vol. 1, pp. 26-42.
9. Charnes, A., Cooper, W. and Rhodes, E. (1978), "Measuring the efficiency of decision-making units", European Journal of Operational Research, Vol. 2, pp. 429-44.
10. Coelli, T. and Perelman, S. (1996), "Efficiency measurement, multi-output technologies and distance functions with application to European railways production and cost function estimation", CREPP Working Paper 96/05, University of Liège.
11. Coelli, T. and Perelman, S. (1999), "A comparison of parametric and non-parametric distance functions with application to European railways", European Journal of Operations Research, Vol. 117, pp. 326-39.
12. Coelli, T. and Perelman, S. (2000), "Technical efficiency of European railways: a distance function approach", Applied Economics, Vol. 32, pp. 1967-76.
13. David, P. and van de Klundert, T. (1965), "Biased efficiency growth and capital-labor substitution in the USA, 1899-1969", American Economic Review, Vol. 55, pp. 357-94.
14. Debreu, G. (1951), "The coefficient of resource utilization", Econometrica, Vol. 19, pp. 273-92.
15. Dodd, A. (1998), The Essential Guide to Telecommunications, Prentice-Hall, Inc., Upper Saddle River, NJ.
16. Fare, R., Grosskopf, S. and Lovell, C. (1994a), Production Frontiers, Cambridge University Press, Cambridge.
17. Fare, R., Grosskopf, S., Norris, M. and Zhang, Z. (1994b), "Productivity growth, technical progress, and efficiency change in industrialized countries", American Economic Review, Vol. 84, pp. 66-83.
18. Farrell, M. (1957), "The measurement of productive efficiency", Journal of the Royal Statistical Society, Vol. 120, pp. 253-81.
19. Federal Communications Commission (various), Statistics of Communications Common Carriers, US Government Printing Office, Washington, DC, available: http://www.fcc.gov
20. Goldsmith, R. (1951), A Perpetual Inventory of National Wealth, National Bureau of Economic Research, New York, NY.
21. Greene, W. (1980), "Maximum likelihood estimation of econometric frontier functions", Journal of Econometrics, Vol. 13, pp. 27-56.
22. Greene, W. (1993), "The econometric approach to efficiency analysis", in Fried, H., Lovell, C. and Schmidt, S. (Eds), The Measurement of Productive Efficiency, Oxford University Press, Inc., Oxford.
23. Grosskopf, S. (1993), "Efficiency and productivity", in Fried, H., Lovell, C. and Schmidt, S. (Eds), The Measurement of Productive Efficiency, Oxford University Press, Inc., Oxford.
24. Grosskopf, S., Hayes, K., Taylor, L. and Weber, W. (1997), "Budget-constrained frontier measures of fiscal inequality and efficiency in schooling", Review of Economics and Statistics, Vol. 79, pp. 116-24.
25. Isaac, M. (1991), "Price cap regulation: a case study of some pitfalls of implementation", Journal of Regulatory Economics, Vol. 3, pp. 193-210.
26. Kahn, A. (1970), The Economics of Regulation, John Wiley & Sons, Inc., New York, NY.
27. Koopmans, T. (1951), "An analysis of production as an efficient combination of activities", in Koopmans, T. (Ed.), Activity Analysis of Production and Allocation, John Wiley and Sons, Inc., New York, NY.
28. Kridel, D., Sappington, D. and Weisman, D. (1996), "The effects of incentive regulation in the telecommunications industry: a survey", Journal of Regulatory Economics, Vol. 9, pp. 269-306.
29. Leibenstein, H. and Maital, S. (1992), "Empirical estimation and partitioning of X-inefficiency: a data-envelopment approach", American Economic Review, Vol. 82, pp. 428-33.
30. Littlechild, S. (1983), Regulation of British Telecom's Profitability, Report to the Secretary of State, Department of Industry, London.
31. Lovell, C. (1993), "Production frontiers and productive efficiency", in Fried, H., Lovell, C. and Schmidt, S. (Eds), The Measurement of Productive Efficiency, Oxford University Press, Inc., Oxford.
32. Lovell, C., Richardson, S., Travers, P. and Wood, L. (1994), "Resources and functionings: a new view of inequality in Australia", in Eichhorn, W. (Ed.), Models and Measurement of Welfare and Inequality, Springer-Verlag, Berlin, pp. 787-807.
33. Majumdar, S. (1997), "Incentive regulation and productive efficiency in the US telecommunications industry", Journal of Business, Vol. 70, pp. 547-76.
34. Mitchell, B. and Vogelsang, I. (1991), Telecommunications Pricing: Theory and Practice, Cambridge University Press, Cambridge.
35. Newton, H. (1999), Newton's Telecom Dictionary, Miller Freeman, Inc., New York, NY.
36. Nishimizu, M. and Page, J. (1982), "Total factor productivity growth, technological progress and technical efficiency change: dimensions of productivity change in Yugoslavia, 1965-1978", Economic Journal, Vol. 92, pp. 920-36.
37. Noam, E. (1991), "The quality of regulation in regulating quality", in Einhorn, M. (Ed.), Price Caps and Incentive Regulation in Telecommunications, Kluwer Academic Publishers, Boston, MA.
38. Ohta, M. (1974), "A note on the duality between production and cost functions: rate of return to scale and rate of technological progress", Economic Studies Quarterly, Vol. 25, pp. 63-5.
39. Resende, M. (2000), "Regulatory regimes and efficiency in US local telephony", Oxford Economic Papers, Vol. 52, pp. 47-70.
40. Sappington, D. (1980), "Strategic firm behavior under a dynamic regulatory adjustment process", The Bell Journal of Economics, Vol. 11, pp. 360-72.
41. Seiford, L. and Thrall, R. (1990), "Recent developments in DEA: the mathematical programming approach to frontier analysis", Journal of Econometrics, Vol. 46, pp. 7-38.
42. Shephard, R. (1970), Theory of Cost and Production Functions, Princeton University Press, Princeton, NJ.
43. Sherman, R. (1985), "The Averch and Johnson analysis of public utility regulation 20 years later", Review of Industrial Organization, Vol. 2, pp. 178-93.
44. Sherman, R. (1992), "Capital waste in the rate-of-return regulated firm", Journal of Regulatory Economics, Vol. 4, pp. 197-204.
45. Shin, R. and Ying, J. (1993), "Costly gains to breaking up: LECs and the Baby Bells", Review of Economics and Statistics, Vol. 98, pp. 357-61.
46. Solow, R. (1956), "Technical change and the aggregate production function", Review of Economics and Statistics, Vol. 39, pp. 312-20.
47. Tardiff, T. and Taylor, W. (1993), Telephone Company Performance under Alternative Forms of Regulation, National Economic Research Associates, New York, NY.
48. Taylor, L. (1994), Telecommunications Demand in Theory and Practice, Kluwer Academic Publishers, Dordrecht, The Netherlands.
49. Telecommunications Industry Association (2000), Multimedia Telecommunications Market Review and Forecast, MMMTA Market Research, Arlington, VA.
50. Uri, N. (1999), Further Notice of Proposed Rulemaking, CC Docket No. 94-1, Appendix B, Federal Communications Commission, Washington, DC, Novermber 15.
51. Uri, N. (2000), "Price caps and the error in X-factor calculations", Information Economics and Policy, Vol. 12, pp. 329-39.
52. Vogelsang, I. (1988), "Price-cap regulation of telecommunications services: a long-run approach", in Crew, M. (Ed.), Deregulation and Diversification of Utilities, Kluwer Academic Publishers, Dordrecht, The Netherlands.
53. Vogelsang, I. (1991), "A non-Bayesian incentive mechanism using two-part tariffs", in Einhorn, M. (Ed.), Price Caps and Incentive Regulation in Telecommunications, Kluwer Academic Publishers, Boston, MA.