A Study of the Averch-Johnson Hypothesis in the Telecommunications Industry
AbstractThe purpose of this study is to test the Averch-Johnson hypothesis in Bell Canada based on time-series data covering the 1952-76 period and using a variety of options, ranging from different specifications of the production function, the method of calculation the cost of capital, and the segmentation of the whole sample into shorter samples. Results confirm the presence of the A-J effect and illustrate the sensitivity of our method of investigation, particularly with the segmentation option.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 27727.
Date of creation: Jul 1980
Date of revision: 1982
Publication status: Published in Atlantic Economic Journal 1.XII(1984): pp. 121-121
Overcapitalisation; A-J Effect; Averch-Johnson Hypothesis; Cobb-Douglas Production Function; Cost of Capital;
Find related papers by JEL classification:
- L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.