When researchers and policymakers conduct impact analyses of economic reforms, especiallyfiscal reforms, the specification of the household demand system becomes crucial. There is atrade-off between using demand systems simple to manipulate but less realistic and othersystems that are more...

This paper examines the introduction of Direct Broadcast Satellites as an alternative to cable television and the welfare gains such satellites generated for consumers. The extent to which satellites compete with cable has become an important issue in the debate over re-regulation of cable...