Local telephone quality-of-service : the impact of regulation and competition

Bibliographic Details
Main Author: Clements, Michael Edward
Language:English
Published: The Ohio State University / OhioLINK 2001
Online Access:http://rave.ohiolink.edu/etdc/view?acc_num=osu1273857327
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spelling ndltd-OhioLink-oai-etd.ohiolink.edu-osu12738573272021-08-03T05:59:30Z Local telephone quality-of-service : the impact of regulation and competition Clements, Michael Edward <p>Changes in market structure and regulation are creating an important transition in the local telephone industry. A dominant firm - competitive fringe market structure is replacing the traditional monopoly market structure while state regulators increasingly rely on alternative regulation in place of traditional rate-of-return regulation. At the same time, quality is important and shows signs of decline. However, no theoretical or empirical literature addresses quality in a transitional market structure with regulation.</p><p>The theoretical component begins with a framework of quality that distinguishes between equipment and system oriented quality and people and process oriented quality. Next, I extend the existing literature on quality in a monopoly environment with regulation. In price - quality space, I find that regulation directly influences the monopolist's quality. Importantly, price cap and rate freeze regulation are associated with lower quality. Finally, I develop a theory of quality in a dominant firm - competitive fringe environment with regulation. I compare the unregulated monopoly and dominant firm -competitive fringe outcomes and I compare the unregulated and the regulated dominant firm - competitive fringe outcomes. In both instances, I find the outcome depends on the nature of the competitors' products or services and the nature and stringency of regulation.</p><p>The theoretical component provides a framework and hypotheses for the empirical analysis of local telephone quality-of-service. I develop a panel dataset consisting of the largest local telephone company in each state for 1991 through 1999. I first examine the trends in quality-of-service, where seven of eight quality measures indicate decline. Next, I conduct regression analysis on quality-of-service in monopoly markets. The regression results indicate that quality-of-service declines with price cap/rate freeze regulation and deregulation. Next, I conduct regression analysis on quality-of-service in dominant firm -competitive fringe markets. The regression results indicate that competition and regulation have a mixed impact on quality-of-service. Finally, I examine whether investment in modern infrastructure, corporate merges, and labor unrest influence quality-of-service.</p> 2001 English text The Ohio State University / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=osu1273857327 http://rave.ohiolink.edu/etdc/view?acc_num=osu1273857327 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws.
collection NDLTD
language English
sources NDLTD
author Clements, Michael Edward
spellingShingle Clements, Michael Edward
Local telephone quality-of-service : the impact of regulation and competition
author_facet Clements, Michael Edward
author_sort Clements, Michael Edward
title Local telephone quality-of-service : the impact of regulation and competition
title_short Local telephone quality-of-service : the impact of regulation and competition
title_full Local telephone quality-of-service : the impact of regulation and competition
title_fullStr Local telephone quality-of-service : the impact of regulation and competition
title_full_unstemmed Local telephone quality-of-service : the impact of regulation and competition
title_sort local telephone quality-of-service : the impact of regulation and competition
publisher The Ohio State University / OhioLINK
publishDate 2001
url http://rave.ohiolink.edu/etdc/view?acc_num=osu1273857327
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