Title

A welfare analysis of local franchise and other types of regulation: Evidence from the cable TV industry

Authors

Authors

Y. Otsuka

Comments

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Abbreviated Journal Title

J. Regul. Econ.

Keywords

TELEVISION; DEREGULATION; MONOPOLY; MARKETS; DEMAND; Economics

Abstract

By examining both price and the level of quality, this paper empirically determines the welfare implications of local franchise and other types of regulation that existed in the cable TV industry prior to federal deregulation (1987). Contrary to the popular belief that price regulation was effective but also lowered the quality of service, I find that prices were lower and the levels of service (measured by the number of imported distant channels and cable networks) were higher than the monopolistic ones. The paper also reveals some significant differences in the welfare improvements under the alternative regulatory regimes.

Journal Title

Journal of Regulatory Economics

Volume

11

Issue/Number

2

Publication Date

1-1-1997

Document Type

Article

DOI Link

http://dx.doi.org/10.1023/a:1007902215969

Language

English

First Page

157

Last Page

180

WOS Identifier

WOS:A1997WJ06200003

ISSN

0922-680X

Recommended Citation

"A welfare analysis of local franchise and other types of regulation: Evidence from the cable TV industry" (1997). Faculty Bibliography 1990s. 2047.
https://stars.library.ucf.edu/facultybib1990/2047