An Analysis of the Welfare Effects of Long-Distance Market Entry by an Integrated Access and Long-Distance Provider
Paul J Hinton,
J. Douglas Zona,
Richard Schmalensee and
William Taylor (wtaylor276@gmail.com)
Journal of Regulatory Economics, 1998, vol. 13, issue 2, 183-96
Abstract:
This paper discusses the welfare effects of entry by a vertically integrated access and long-distance service provider into the long-distance market. Using a stylized model of these markets, we conclude that substantial net consumer benefits arise when a vertically integrated firm is created by the entry of a LEC into the long-distance market, and these gains are mostly achieved from declines in supra-competitive profits received by long-distance incumbents. We find that these gains dominate losses in producer surplus that could arise even it integrated firm entry were to displace more efficient long-distance providers. Copyright 1998 by Kluwer Academic Publishers
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://journals.kluweronline.com/issn/0922-680X/contents link to full text (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kap:regeco:v:13:y:1998:i:2:p:183-96
Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/11149/PS2
Access Statistics for this article
Journal of Regulatory Economics is currently edited by Menaham Spiegel
More articles in Journal of Regulatory Economics from Springer
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).