|
|
Macroeconomic Effects of Telecommunications Deregulation
American Council for Capital Formation
May 2004
(PDF)
This study analyzes and assesses the macroeconomic effects of changes
in the regulatory environment for the telecommunications industry and
telecommunications firms due to the Federal Communications Commission
(FCC) Triennial Review (February 2003) and a D.C. Appeals Court decision
early this year (March 2004), which vacated portions of the Triennial
Review. Taken together, the Triennial Review and Appeals Court decision
have substantially altered the regulatory backdrop for the telecommunications
industry.1 The study looks at the potential impacts of changes in the
economic behavior of the Bell companies and Competitive Local Exchange
Carriers (CLECs) and how these changes could impact on real economic growth,
capital spending, jobs, disposable income, consumer spending, profits,
and the
federal budget. A blend of “macro” and “micro” analysis
is used in the research, through computer simulations with the Sinai-Boston
(SB) (2004 Version) macroeconometric model of the U.S.
Read
the Full Report (PDF)
|
