Returning to Victorian Competition, Ownership, and Regulation: An Empirical Study of European Telecommunications at the Turn of the Twentieth Century
利用原创数据集,检验了19世纪末20世纪初欧洲电话行业中政府垄断、竞争与监管对行业发展的影响,发现竞争和资产安全促进电话普及和价格下降。
This article uses an original dataset to test the effects of government monopoly service, competition, and regulation on the development of the telephone industry in Europe in the late 1800s and early 1900s. Like today, there were stateowned monopolies in some countries, vigorous competition in others, and others with private firms operating under restrictive concessions. The main determinant of government control of the telephone sector was the state's involvement in the telegraph. Countries with competition between telephone providers and whose governments did not threaten to expropriate firms' assets saw higher telephone penetration and lower prices, even in rural areas.