Total factor productivity measures for Hong Kong telephone

被引：18

作者：

Lam, PL ^{[1
]}

Lam, T ^{[1
]}

机构：

[1] Hong Kong Polytech Univ, Sch Accounting & Finance, Hong Kong, Hong Kong, Peoples R China

来源：

TELECOMMUNICATIONS POLICY | 2005年 / 29卷 / 01期

关键词：

Hong Kong telephone company; total factor productivity (TFP); scheme of control;

D O I：

10.1016/j.telpol.2003.12.009

中图分类号：

G2 [信息与知识传播];

学科分类号：

05 ; 0503 ;

摘要：

Since the early 1960s, the Hong Kong Telephone Company (HKTC)-the dominant firm in Hong Kong's local telephone market-has undergone several regulatory reforms. The company has been subject to price control, rate-of-return regulation and price-cap regulation. This paper estimates the total factor productivity (TFP) growth of HKTC. The empirical results show that the estimated TFP growth of HKTC was 2.31-3.56 % per year between 1964 and 1998. TFP growth varied substantially under different regulatory regimes, and the importance of the scale effect relative to the technological effect diminished over time. (C) 2005 Elsevier Ltd. All rights reserved.

引用

页码：53 / 68

页数：16

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