Incentive regulation is designed to improve productive efficiency, enhance service quality and consumer welfare, and reduce the costs of regulation. The issue that is considered here is whether incentive regulation in the form of a price cap applicable to interstate access service to local loops...

This paper examines the doctrine of Relative Purchasing Power Parity during periods of fixed and flexible exchange rates. Using cointegration techniques and data for the Group of Seven countries, the results suggest that Purchasing Power Parity held only between the United States and the United...

The analysis in this paper considers the problem of excessive originating and terminating access charges imposed by some competitive local exchange carriers (CLECs) in the United States. The problem arises because the current institutional structure provides an incentive for CLECs to charge for...

This investigation looks at whether the grade determining and official criteria factors identified by the Federal Grain Inspection Service influence the price of wheat for export and, in turn, the competitiveness of United States wheat in the world market. Using data on the transactions price...

This paper addresses the question of whether the export demand for soybeans and soybean products changed structurally over the 1950 to 1992 period as the U.S. agricultural sector became more integrated with the rest of the world economy. The results suggest that export demands were stable for...

This paper estimates the implicit marginal value of channel offerings by cable systems in the United States. Hedonic analysis is a convenient framework in which to explore the relationship between the price of cable service and the channels offered by a cable system. Two separate hedonic...