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Chenery, Manne, and Srinivasan contributed to a model of investment in capacity expansion assuming a demand growth rate, a discount rate, and economies of scale. In their model, minimizing the sum of discounted future capacity investment costs always requires capacity replenishments to be...
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Evidence from the Pacific and elsewhere suggests that countries deregulate their telecommunications sectors as economic development proceeds. Theoretical considerations support this, since arguments for (against) deregulation are mostly applicable to industrialized (developing) countries....
Persistent link: https://www.econbiz.de/10009192906
This article summarizes recent research on the past performance and future prospects of Intelsat. In its early years discussion focused mainly on the dominant position within the organization of the USA. More recently Intelsat's monopoly position has been challenged to a certain extent by direct...
Persistent link: https://www.econbiz.de/10009199753
This article reviews the literature of economic, technological and public policy issues regarding telecommunications. The author synthesizes the major economic insights into telecommunications by taking into account specified features of the subject matter and its associated scholarly...
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