Regulation , Innovation , and the Introduction of New Telecommunications Services ∗

  title={Regulation , Innovation , and the Introduction of New Telecommunications Services ∗},
  author={James E. Prieger},
JEL codes: L51, L96 I examine the effects of FCC regulation on the innovation and introduction of advanced telecommunications services in the U.S. An interim of lighter regulation provides an “experiment” to test the regulatory regime’s impact on innovation. The econometric model comprises an arrival process (for service innovation) followed by a duration process (for regulatory delay). The number of services the firms created during the interim is 60—99% higher than the model predicts they… CONTINUE READING
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