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Abschreibungen bei fallenden Wiederbeschaffungspreisen in stationären und nicht stationären Märkten

Author

Listed:
  • Günter Knieps

    (Albert-Ludwigs-Universität Freiburg)

  • Hans-Ulrich Küpper

    (Ludwig-Maximilians-Universität München)

  • René Langen

    (McKinsey&Company, Inc.)

Abstract

Summary The current debate on costing for purposes of rate regulation focuses on the cost of efficient service provision. The purpose of this paper is on the economic foundation of depreciation schedules. The starting point is the comparison of traditional depreciation procedures from the perspective of forward looking decision oriented costing in situations of decreasing prices. Economic depreciation measures, in each period, the holding cost associated with using that asset in that period, this cost being assessed as the change in the value of the asset in that period. Therefore it is essential to distinguish between “closed” and “open” depreciation plans. “Open” depreciation schedules can be continually adjusted as new information becomes available. Considering the case of telecommunications, the authors demonstrate the advantages of an “open” depreciation plan for companies in dynamic industries.

Suggested Citation

  • Günter Knieps & Hans-Ulrich Küpper & René Langen, 2001. "Abschreibungen bei fallenden Wiederbeschaffungspreisen in stationären und nicht stationären Märkten," Schmalenbach Journal of Business Research, Springer, vol. 53(8), pages 759-776, December.
    • Handle: RePEc:spr:sjobre:v:53:y:2001:i:8:d:10.1007_bf03372667
    DOI: 10.1007/BF03372667
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    References listed on IDEAS

    as
    1. Hulten, Charles R & Wykoff, Frank C, 1996. "Issues in the Measurement of Economic Depreciation: Introductory Remarks," Economic Inquiry, Western Economic Association International, vol. 34(1), pages 10-23, January.
    2. Littlechild, S C, 1970. "Marginal-cost Pricing with Joint Costs," Economic Journal, Royal Economic Society, vol. 80(318), pages 323-335, June.
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    Citations

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    Cited by:

    1. Gunther Friedl, 2011. "Kostenbasierte Preisregulierung, Realoptionen und Investitionsanreize," Schmalenbach Journal of Business Research, Springer, vol. 63(63), pages 136-156, January.
    2. Iwin, Jolanta, 2003. "Wpływ inflacji i podatku dochodowego na finansowanie inwestycji rzeczowych z amortyzacji," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2003(5-6), May.

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    More about this item

    Keywords

    D2; G38; M4;
    All these keywords.

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting

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