The Economic Efficiency of Telecommunications in a Deregulated Market: The Case of New Zealand.
This paper estimates the productivity and consumer and producer changes in the New Zealand telecommunications network market between 1987, when it was deregulated, and 1993 as the major firm, Telecom, evolved from a government department to a public company in an environment of light regulation. The growth in productivity is estimated to reduced costs at an annual compound average of 5.6 percent. The bulk of the substantial gains in consumer surplus has come from price reductions on 1987 consumption levels. There has been marked improvements in the quality of outputs. Shareholders have had a profitable investment. Copyright 1996 by The Economic Society of Australia.
Year of publication: |
1996
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Authors: | Boer, David Boles de ; Evans, Lewis |
Published in: |
The Economic Record. - Economic Society of Australia - ESA, ISSN 1475-4932. - Vol. 72.1996, 216, p. 24-35
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Publisher: |
Economic Society of Australia - ESA |
Saved in:
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