This paper addresses the phenomenon of delayed cable digitization in Taiwan and reports the results of a cross-sector longitudinal analysis, determining that (1) inter-platform competition, primarily from internet protocol television (IPTV), generates a strong and positive impact on the...

As markets worldwide become less regulated, it becomes increasingly possible and timely to establish the presence of an empirical relationship between technical efficiency and market forces compelling agents to economize. This article, taking an innovative approach to test the hypothesis that...

Over the last decade, banking productivity growth has been quite low, between 0.60 to -0.07 percent a year. Deregulation has served to raise banking costs but not measured output. Consumers may have benefited, but banks have not

Some analysts contend that the introduction nationwide since 1981 of interest-bearing NOWs and Super NOW's has raised the interest elasticity of M1 demand. This article presents empirical evidence consistent with this view. The demand deposit component of Ml does not exhibit any heightened...

International Transport Services (ITS) play an important role in influencing international trade flows. This paper develops an analytical framework in which ITS costs are endogenously determined. It shows that ITS sector liberalization foster international trade very much the same way tariff...

This paper contains an economic review of the law regulating the liberalisation process now under way in the Italian electricity sector. Part one is a juridical insight focusing first on Community rules, in particular Directive 96/92, which provides for common rules for the internal electricity...