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Subject

Empirical Analysis of Business Consolidation and Media Regulation under Cable TV Industry
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케이블TV 산업의 소유규제 변화와 기업결합 형태별 생산효율성 차이의 실증 연구

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Type
Academic journal
Author
Jun-seok Hwang (서울대학교) Ah-reum Hong (서울대학교) Dae-ho Lee (서울대학교)
Journal
Korean Association for Broarding & Telecommunication Korean Journal of Broadcasting and Telecommunication Studies Vol.24-2 KCI Excellent Accredited Journal
Published
2010.3
Pages
276 - 313 (38page)

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Empirical Analysis of Business Consolidation and Media Regulation under Cable TV Industry
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Abstract· Keywords

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The digitalization of Cable TV is in the center of media and telecommunication convergence with the digital technology development and diffusion of digital TV. The development of Cable TV industry grew dramatically through the technology innovation and digital facilities investment. In addition, the enlargement of MSOs achieved the scale of economy and dominated the market with various service such as the broadband internet and the internet phone. The motivation of vertical integration is the profitability, and cost advantage with the marketing efficiency of SOs and the stable program distribution of PPs. This study investigates the Cable TV System Operators’ productivity based on meta-frontier production function analysis which calculates the technical efficiency and the technical gap ratio can compare the level of technology gap ratio among three different technology based groups in Cable TV industry, which are the vertical integration SOs, the horizontal integration SOs and the isolated Cable TV SOs. This analysis uses the Cable TV SOs panel data considering the time-varying stochastic production function. The results shows that the vertical integration MSP group is the highest technical efficiency and technical gap ratio and the isolated SOs could improve their productivity and technical efficiency with vertical and horizontal integration.

Contents

1. 문제 제기 및 연구 목적
2. 케이블TV 산업의 기업결합에 관한 기존의 논의 및 현행 법령상 규제의 내용
3. 케이블TV 결합구조에 따른 생산효율성 연구
4. 분석 결과
5. 결론 및 정책적 시사점
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UCI(KEPA) : I410-ECN-0101-2010-568-003344476