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Allocation of Orbit and Spectrum Resources for Regional Communications: What's At Stake?

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  • Macauley, Molly K

Abstract

Contentious debate surrounds allocation of the geostationary orbit and electromagnetic spectrum, two resources used by communications satellites. An extensive economics literature alleges that the nonmarket administrative allocative procedures now in place are highly inefficient, but no research has empirically estimated the welfare loss. This article develops a conceptual framework and a computerized model to estimate the economic value of the resources, the size and distribution of welfare costs associated with the present regulatory regime, and the potential gains from more market-like allocation. Copyright 1998 by the University of Chicago.

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  • Macauley, Molly K, 1998. "Allocation of Orbit and Spectrum Resources for Regional Communications: What's At Stake?," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 737-764, October.
    • Handle: RePEc:ucp:jlawec:v:41:y:1998:i:2:p:737-64
    DOI: 10.1086/467411
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    References listed on IDEAS

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    1. Macauley, Molly K, 1986. "Out of Space? Regulation and Technical Change in Communications Satellites," American Economic Review, American Economic Association, vol. 76(2), pages 280-284, May.
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    7. Wihlborg, Clas G & Wijkman, Per Magnus, 1981. "Outer Space Resources in Efficient and Equitable Use: New Frontiers for Old Principles," Journal of Law and Economics, University of Chicago Press, vol. 24(1), pages 23-43, April.
    8. Acton, Jan Paul & Vogelsang, Ingo, 1992. "Telephone Demand over the Atlantic: Evidence from Country-Pair Data," Journal of Industrial Economics, Wiley Blackwell, vol. 40(3), pages 305-323, September.
    9. Minasian, Jora R, 1975. "Property Rights in Radiation: An Alternative Approach to Radio Frequency Allocation," Journal of Law and Economics, University of Chicago Press, vol. 18(1), pages 221-272, April.
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    Cited by:

    1. Zachary Grzelka & Jeffrey Wagner, 2019. "Managing Satellite Debris in Low-Earth Orbit: Incentivizing Ex Ante Satellite Quality and Ex Post Take-Back Programs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 319-336, September.
    2. Brennan, Timothy J, 1998. "The Spectrum as Commons: Tomorrow's Vision, Not Today's Prescription," Journal of Law and Economics, University of Chicago Press, vol. 41(2), pages 791-803, October.

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