search query: @author Majumdar, S. / total: 8
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| Author: | Majumdar, S. |
| Title: | Incentive regulation and productive efficiency in the U.S. telecommunications industry |
| Journal: | Journal of Business
1997 : OCT, VOL. 70:4, p. 546-576 |
| Index terms: | TELECOMMUNICATIONS INDUSTRY REGULATIONS EFFICIENCY |
| Language: | eng |
| Abstract: | This study evaluates the effect of incentive regulation on the productivity of U.S. local exchange carriers between 1988 and 1993. Introducing pure price-cap schemes has a strong and positive, but lagged, effect on technical efficiency. Where price-cap schemes operate in conjunction with an earnings-sharing scheme, there is immediate effect on technical efficiency, but the impact is less strong than the effect of a pure price caps scheme. |
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