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Electronics and Telecommunications Research Institute (한국전자통신연구원)
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The Effect of Rate-of-Return Regulation on Public Utility Pricing

  • Published : 1994.10.31
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Abstract

In Korea, the price schedule for local telephone combines two-part tariffs and peak-load pricing subject to rate-of-return (RoR) regulation. Although the effect of RoR regulation on two-part tariffs or peak-load pricing has been separately analyzed by many authors in some detail, the behaviour of regulated firm under combined two-part and peak-load pricing has not been studied until now. This paper examines the effect of regulation on the rate structure and welfare under combined two-part and peak-load pricing.

Keywords

References

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