Regulatory regimes and efficiency in US local telephony

被引:24
作者
Resende, M [1 ]
机构
[1] Univ Fed Rio de Janeiro, Inst Econ, BR-22290240 Rio De Janeiro, RJ, Brazil
来源
OXFORD ECONOMIC PAPERS-NEW SERIES | 2000年 / 52卷 / 03期
关键词
D O I
10.1093/oep/52.3.447
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper assesses the efficiency consequences of different regulatory regimes for US local telephony. Specifically, alternative regulatory regimes (price-cap regulation and incentive regulation) are contrasted with traditional rate-of-return regulation (ROR). Relative efficiency scores are obtained from the Data Envelopment Analysis (DEA) approach. The regression analysis on the determinants of efficiency, after controlling for technical change effects, indicates that alternative forms of regulation appear to induce a higher level of efficiency for the regulated firms than ROR.
引用
收藏
页码:447 / 470
页数:24
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