World television trade: The economic effects of privatization and new technology

David Waterman

Telecommunications Policy, 1988, vol. 12, issue 2, 141-151

Abstract: Sovereign nations around the world are undergoing or anticipating the expansion and privatization of broadcast systems, and the introduction of cable and other multichannel video technologies. This paper analyses the short- and long-term implications of this form an economic perspective, focusing on the major nations of western Europe and Japan. The author introduces the main facts about world trade in television programmes; sets out an economic framework which provides a rationale for the historical dominance of programme trade by the USA; uses the economic model to suggest likely effects of privatization and new technologies on programme trade; and examines the policy issues concerned.

Date: 1988
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