Tài liệu Taxation by Telecommunications Regulation doc

Taxation by

Telecommunications

Regulation

Taxation by

Telecommunications

Regulation

The Economics of the E-Rate

Jerry Hausman

The AEI Press

Publisher for the American Enterprise Institute

WASH INGTON, D.C.

1998

Alex Brill, Susan Dynarski, and Hyde Hsu provided research

assistance. Jim Poterba and Tim Tardiff provided helpful com￾ments.

Available in the United States from the AEI Press, c/o Pub￾lisher Resources Inc., 1224 Heil Quaker Blvd., P.O. Box 7001,

La Vergne, TN 37086-7001. To order, call: 1-800-269-6267.

Distributed outside the United States by arrangement with

Eurospan, 3 Henrietta Street, London WC2E 8LU England.

ISBN 0-8447-7121-X

1 3 5 7 9 10 8 6 4 2

© 1998 by the American Enterprise Institute for Public Policy

Research, Washington, D.C. All rights reserved. No part of

this publication may be used or reproduced in any manner

whatsoever without permission in writing from the Ameri￾can Enterprise Institute except in cases of brief quotations

embodied in news articles, critical articles, or reviews. The

views expressed in the publications of the American Enter￾prise Institute are those of the authors and do not necessar￾ily reflect the views of the staff, advisory panels, officers, or

trustees of AEI.

THE AEI PRESS

Publisher for the American Enterprise Institute

1150 17th Street, N.W., Washington, D.C. 20036

Printed in the United States of America

FOREWORD, Christopher DeMuth and

Harold Furchtgott-Roth vii

INTRODUCTION 1

REGULATION OF U.S. TELECOMMUNICATIONS 5

STUDIES OF TELEPHONE DEMAND 9

ESTIMATION OF ECONOMIC EFFICIENCY LOSSES 12

Calculation of the Losses 13

Previous Estimates 15

DID THE FCC MAXIMIZE THE EFFICIENCY LOSS? 17

The Effect of Increasing the

Subscriber Line Charge 17

Estimated Effects of Increasing the SLC 18

Other Possible Policy Choices 20

CONCLUSIONS 22

APPENDIX A: PARTIALLY INDIRECT UTILITY FUNCTION 25

APPENDIX B: EXACT CALCULATION OF DEADWEIGHT LOSS 27

APPENDIX C: MARGINAL EFFICIENCY LOSS FROM

LONG-DISTANCE ACCESS CHARGES 28

Contents

1

2

3

4

5

v

6

vi CONTENTS

APPENDIX D: MARGINAL EFFICIENCY LOSS

FROM AN INCREASE IN THE SLC 29

NOTES 31

REFERENCES 37

ABOUT THE AUTHOR 41