By Paul Seabright, Jürgen von Hagen
ISBN-10: 052187405X
ISBN-13: 9780521874052
New expertise is revolutionizing broadcasting markets. because the fee of bandwidth processing and supply fall, information-intensive companies that after bore little monetary dating to one another are actually more and more comparable as substitutes or enhances. tv, newspapers, telecoms and the net compete ever extra fiercely for viewers cognizance. whilst, electronic encoding makes it attainable to cost costs for content material that had formerly been broadcast at no cost. this is often growing new markets the place none existed earlier than. How should still public coverage reply? Will festival result in greater prone, larger caliber and extra purchaser selection - or to a proliferation of low-quality channels? Will it bring about dominance of the industry by way of a couple of robust media conglomerates? utilizing the insights of contemporary microeconomics, this ebook presents a cutting-edge research of those and different matters via investigating the facility of rules to form and keep watch over broadcasting markets.
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Extra resources for The Economic Regulation of Broadcasting Markets: Evolving Technology and Challenges for Policy
Sample text
Umino, A. (2003) ‘Developments in local loop unbundling’, OECD Working Paper on Telecommunication and Information Service Policies, DSTI/ ICCP/TISP(2002)5/FINAL. Walden, I. (2005a) ‘Telecommunications law and regulation: an introduction’, in I. Walden and J. ) Telecommunications Law and Regulation, 2nd edition, Oxford University Press. Walden, I. (2005b) ‘European Union communications law’, in I. Walden and J. ) Telecommunications Law and Regulation, 2nd edition, Oxford University Press. World Trade Organisation (2004) ‘Korea: trade policy review’, WT/TPR/ S/137.
Buckingham, A. and M. Williams (2005) ‘Designing regulatory frameworks for developing countries’, in I. Walden and J. ) Telecommunications Law and Regulation, 2nd edition, Oxford University Press. Commission of the European Communities (2004) ‘European Electronic Communications Regulation and Markets 2004’, Tenth Implementation Report, SEC(2004)1535, 2 December. Communications Committee (2005) ‘Broadband access in the EU: situation at 1 January 2005’, European Commission DG INFSO/B2, COCOM0512 FINAL.
The top adopters of broadband are a mixed bag: Korea leads the pack with 39 per cent of its population subscribing to some form (DSL line, cable modem and ‘other’ broadband), followed by Canada (21 per cent), Denmark (13 per cent) and Sweden and Belgium (12 per cent each). 6. The modified PMR indicator is now seen to be significant and of the expected sign: a one-unit decrease in a country’s regulatory burden is associated with a 6 per cent increase in its broadband adoption rate. 46 in both cases), its inclusion leaves the income and expenditure measures insignificant in this regression.