A model for regulated product innovation and introduction with application to telecommunications
James Prieger ()
Applied Economics Letters, 2002, vol. 9, issue 10, 625-629
Abstract:
This empirical examination compares product innovation under price caps and Rate of return regulation (RoRR) in US telecommunications. The econometric model comprises a count process (for product innovation) followed by a duration process (for regulatory delay). More services were created under price caps than under RoRR. The model may also be useful for other regulatory settings and issues.
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:9:y:2002:i:10:p:625-629
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DOI: 10.1080/13504850110118146
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