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In Italy, fixed telecommunications were liberalised 15 years ago, but the incumbent is still the dominant operator. The Italian antitrust authority has recently fined Telecom Italia for margin squeeze and technical sabotage, proving that the incumbent still has the incentive and the power to...
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This paper combines factor demand functions and price equations derived from a Generalized Leontief cost function with … the traditional input - output price model. At the first level of aggregation Generalized Leontief cost functions for the … domestic prices on input prices as described in the traditional input - output - price model is taken into account. Model …
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