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The Political Economy of Deregulation: The Case of Intrastate Long Distance

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Author Info
Kaserman, David L
Mayo, John W
Pacey, Patricia L

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Abstract

Observed variation in the decisions of state regulators to deregulate AT&T in the provision of intrastate interLATA telecommunications services provides useful data with which to test the economic theory of regulation against its principal alternative--the public interest theory. An empirical model of the decision to deregulate is specified and estimated. Our results lend empirical support to the economic theory of regulation and fail to support the public interest theory. The results also help to explain the lethargic pace of deregulation of this industry. Copyright 1993 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Journal of Regulatory Economics.

Volume (Year): 5 (1993)
Issue (Month): 1 (March)
Pages: 49-63
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Handle: RePEc:kap:regeco:v:5:y:1993:i:1:p:49-63

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Web page: http://www.springerlink.com/link.asp?id=100298

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  1. David Savitski, 2001. "Price Effects of Across-State Regulation of U.S. Electric Utilities," Review of Industrial Organization, Springer, vol. 18(3), pages 337-350, May. [Downloadable!] (restricted)
  2. Dion, Catherine & Lanoie, Paul & Laplante, Benoit, 1997. "Monitoring environmental standards : do local conditions matter?," Policy Research Working Paper Series 1701, The World Bank. [Downloadable!]
  3. Paul Lanoie & Jérôme Moreau & Georges A. Tanguay, 2001. "Environmental Policy, Public Interest and Political Market," CIRANO Working Papers 2001s-37, CIRANO. [Downloadable!]
  4. Runtian Jing & John L. Graham, 2008. "Values Versus Regulations: How Culture Plays Its Role," Journal of Business Ethics, Springer, vol. 80(4), pages 791-806, July. [Downloadable!] (restricted)
  5. Catherine Dion & Paul Lanoie & Benoit Laplante, 1996. "Monitoring of Pollution Regulation: Do Local Conditions Matter," CIRANO Working Papers 96s-33, CIRANO. [Downloadable!]
  6. Tomaso Duso & Lars-Hendrik Röller, 2001. "Towards a Political Economy of Industrial Organization: Empirical Regularities from Deregulation," CIG Working Papers FS IV 01-17, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG). [Downloadable!]
  7. Georges A. Tanguay & Paul Lanoie & Jérôme Moreau, 2001. "Environmental Policy, Public Interest and Political Market," Cahiers de recherche 01-01, HEC Montréal, Institut d'économie appliquée. [Downloadable!]
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