ISSN:
1573-7160
Keywords:
Price cap
;
convergence
;
contestable markets
;
price leader
;
deregulation
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract In this study, we tested if long-distance rates among AT&T, MCI, and US Sprint between New York City and six major SMSAs during 1980–91 have converged. Empirical findings show that rates have converged over time, that rate ratios or differences increased under price cap, and that distance does not have any impact on rate convergence. The variables of TIME and price cap (CAP) have greater impacts on rate convergence for AT&T/US Sprint than AT&T/MCI. Regression results based on pooled cross-section and time-series data yield better results.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01026586
Permalink