Understanding European Union international message telephone services demand Report as inadecuate




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Abstract

This study provides a contemporary understanding of demand relations in European Union EU international message telephone service IMTS markets prior to fullliberalization at January 1 1998. Point-to-point demand equations that relate IMTS demand to prices, income, population and distance are estimated on bilateral market data for ten EU countries from 1990 to 1995. Model estimates suggest price elasticities of outgoing andincoming demand between 20.175 and 20.456, and 20.215 and 20.674, respectively. These elasticity estimates provide an empirical base from which to calculate welfare gainsfrom the full deregulation of EU IMTS markets after 1998.



Item Type: MPRA Paper -

Original Title: Understanding European Union international message telephone services demand-

Language: English-

Keywords: Elasticity; European Union; International telephone demand-

Subjects: L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L16 - Industrial Organization and Macroeconomics: Industrial Structure and Structural Change ; Industrial Price IndicesL - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications-





Author: Madden, Gary G

Source: https://mpra.ub.uni-muenchen.de/10918/







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