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The authors note that the economic performance of Asia-Pacific countries has been the source of much recent debate. Productivity growth, mobilisation of additional labour, capital and other resources, high domestic rates, of saving, strong inflows of direct investment, technology catch-up, a...
Persistent link: https://www.econbiz.de/10015161799
Recent technology change and market liberalization have substantially reduced the costs of providing international message telephone services (IMTS). However, the full extent of these cost reductions have generally not been reflected in lower prices. This paper reviews the recent literature on...
Persistent link: https://www.econbiz.de/10009481203
Persistent link: https://www.econbiz.de/10006455943
United States (US) Department of Commerce data suggests a necessary precursor to the success of electronic commerce (e-commerce) is active engagement in Internet activities by the population at large. However, without empirical assessment it is difficult to determine the relative importance of...
Persistent link: https://www.econbiz.de/10005632585
An econometric model is used to examine market power in US international telephone markets. Lerner index estimates suggest AT&T's collection rate-cost margin was between 12% and 24% during 1991 to 1995. Although Lerner estimates imply deadweight welfare losses of up to US $261 million per annum,...
Persistent link: https://www.econbiz.de/10005640301
Persistent link: https://www.econbiz.de/10005701991
Stabilising Asia-Pacific exchange rates by establishing a system of pegs, bands or target zones around the Japanese yen requires the compromise of domestic policy autonomy. The cost of doing so is least when members' reaction to economic shocks are symmetric. This study considers which...
Persistent link: https://www.econbiz.de/10005293063
This study estimates a nested multinomial logit (NMNL) model of broadband delivered entertainment service subscription that allows for the impact of an installation fee and rental price, service attributes and household demographic variables on subscription. The model is estimated on...
Persistent link: https://www.econbiz.de/10005186354
This study examines sources of telecommunications sector productivity growth. Total factor productivity (TFP) growth is calculated using the Malmquist productivity index for a sample of 74 countries for the period 1991 through 1995. An econometric model is estimated which relates TFP growth to...
Persistent link: https://www.econbiz.de/10009200591
Previous studies have demonstrated an empirical relationship between accumulated R&D expenditures and total factor productivity (TFP), and have shown that the benefits of R&D can spill across countries through trade. This paper extends these analyses to a sample of 15 OECD countries and six...
Persistent link: https://www.econbiz.de/10009202855