Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)

The Korean Operations Research and Management Science Society (한국경영과학회)
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An Empirical Study of Cost Structure in Telecommunication Industry

국내 전기통신산업의 비용구조에 관한 실증연구

  • 이덕주 (서울대학교 산업공학과) ;
  • 오형석 (서울대학교 산업공학과)
  • Published : 1997.06.01
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Abstract

In this study, we estimate the multi-service cost function of Korea Telecom in order to characterize the cost structure of the telecommunication industry in Korea. By examining the cost function of Korea Telecom, we show that telecommunication costs of Korea Telecom are subadditive. Therefore, we conclude that a natural monopoly exists in the telecommunication industry in Korea.

Keywords

References

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