Technical Change, Markup, Divestiture, and Productivity Growth in the U.S. Telecommunications Industry
Bibliographic Data
| ID | 19314324 |
|---|---|
| Authors | M Ishaq Nadiri (National Bureau of Economic Research), Banani Nandi (AT&T (United States)) |
| Year | 1999 |
| Volume | 81 |
| Issue | 3 |
| Pages | 488-498 |
| Publication date | 1999-08-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Review of Economics and Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0034-6535 • E-ISSN: 1530-9142 |
| Publisher | MIT Press - Journals (PUBLISHER) |
| DOI | 10.1162/003465399558247 |
| OpenAlex | W2107145317 |
| Language | EN |
| Citations received | 1 |
| References cited | 7 |
This paper examines the sources of productivity growth for the, U.S. telecommunications industry from 1935 to 1987. These years encompass both the pre-and post-AT&T divestiture periods. We formulate a structural model that accounts for both changes in the cost and the demand side of the industry. We measure the contributions of aggregate demand, information intensity of the economy, price-cost margins, relative factor prices, direct and indirect effects of technological progress, and R&D investment on total-factor productivity (TFP) growth rate. We show that TFP growth rate as conventionally measured is a seriously biased measure of rate of technical change in this industry
Divestment · Economics · Industrial organization · Investment (military) · Macroeconomics · Productivity · Technical change · Technical progress · Technological change · Total factor productivity · Economic Growth and Productivity · Firm Innovation and Growth · Regional Economics and Spatial Analysis
| Citations per year | 0.06 |
|---|---|
| Citation span | 2008 - 2008 (1) |
| Highly cited | No |