The Economic Consequences of Accounting Fraud in Product Markets: Theory and a Case from the U.S. Telecommunications Industry (WorldCom)

2006 ◽  
Vol 8 (3) ◽  
pp. 439-475 ◽  
Author(s):  
Gil Sadka
Keyword(s):  
Telecommunications Industry ◽  
Economic Consequences ◽  
Accounting Fraud ◽  
Product Markets ◽  
The U.S

The Significance of Government's Role in Technology Standardization

2010 ◽  
Vol 8 (1) ◽  
pp. 63-74 ◽  
Author(s):  
DongBack Seo
Keyword(s):  
Wireless Communications ◽  
First Generation ◽  
Rapid Development ◽  
Global Market ◽  
Domestic Market ◽  
Economic Consequences ◽  
Technology Market ◽  
Early Decision ◽  
Korean Market ◽  
The U.S

For first generation (1G) wireless communications technology standards, the Japanese government’s early decision provided an opportunity for its national manufacturers to be first movers in the global market, while the late development of wireless communications in Korea made the Korean market dependent on foreign manufacturers by adopting the U.S. standard (AMPS). Moving toward the 2G wireless technology market, both countries decided to develop standards instead of adopting a technology from outside their regions. Japan developed its own standard, PDC, while Korea developed CDMA systems with Qualcomm, the U.S. technology provider. Although these governments’ decisions on technologies looked only slightly different, the socio-economic consequences were greatly distinctive. The Korean success brought not only the rapid development of its domestic market but also opportunities for its manufacturers to become global leaders, while the PDC standard only provided the fast growth of the Japanese domestic market without any opportunities for the Japanese manufacturers to grow further internationally in the 1990s. By the end of 1990s, two nations again had to decide a 3G technology standard with vast challenges and pressures.

scholarly journals Relationship among state reopening policies, health outcomes and economic recovery through first wave of the COVID-19 pandemic in the U.S.

PLoS ONE ◽  
2021 ◽  
Vol 16 (11) ◽  
pp. e0260015
Author(s):  
Alexandre K. Ligo ◽  
Emerson Mahoney ◽  
Jeffrey Cegan ◽  
Benjamin D. Trump ◽  
Andrew S. Jin ◽  
...  
Keyword(s):  
Incidence Rates ◽  
Economic Consequences ◽  
Economic Recovery ◽  
State Governments ◽  
Effective Interventions ◽  
Spending Patterns ◽  
Government Mandates ◽  
Health Related ◽  
Relative Decline ◽  
The U.S

State governments in the U.S. have been facing difficult decisions involving tradeoffs between economic and health-related outcomes during the COVID-19 pandemic. Despite evidence of the effectiveness of government-mandated restrictions mitigating the spread of contagion, these orders are stigmatized due to undesirable economic consequences. This tradeoff resulted in state governments employing mandates at widely different ways. We compare the different policies states implemented during periods of restriction (“lockdown”) and reopening with indicators of COVID-19 spread and consumer card spending at each state during the first “wave” of the pandemic in the U.S. between March and August 2020. We find that while some states enacted reopening decisions when the incidence rate of COVID-19 was minimal or sustained in its relative decline, other states relaxed socioeconomic restrictions near their highest incidence and prevalence rates experienced so far. Nevertheless, all states experienced similar trends in consumer card spending recovery, which was strongly correlated with reopening policies following the lockdowns and relatively independent from COVID-19 incidence rates at the time. Our findings suggest that consumer card spending patterns can be attributed to government mandates rather than COVID-19 incidence in the states. We estimate the recovery in states that reopened in late April was more than the recovery in states that did not reopen in the same period– 15% for consumer card spending and 18% for spending by high income households. This result highlights the important role of state policies in minimizing health impacts while promoting economic recovery and helps planning effective interventions in subsequent waves and immunization efforts.

The Significance of Government’s Role in Technology Standardization

2012 ◽  
pp. 183-192
Author(s):  
DongBack Seo
Keyword(s):  
Wireless Communications ◽  
First Generation ◽  
Rapid Development ◽  
Global Market ◽  
Domestic Market ◽  
Economic Consequences ◽  
Technology Standard ◽  
Technology Market ◽  
Early Decision ◽  
The U.S

For first generation (1G) wireless communications technology standards, the Japanese government’s early decision provided an opportunity for its national manufacturers to be first movers in the global market, while the late development of wireless communications in Korea made the Korean market dependent on foreign manufacturers by adopting the U.S. standard (AMPS). Moving toward the 2G wireless technology market, both countries decided to develop standards instead of adopting a technology from outside their regions. Japan developed its own standard, PDC, while Korea developed CDMA systems with Qualcomm, the U.S. technology provider. Although these governments’ decisions on technologies looked only slightly different, the socio-economic consequences were greatly distinctive. The Korean success brought not only the rapid development of its domestic market but also opportunities for its manufacturers to become global leaders, while the PDC standard only provided the fast growth of the Japanese domestic market without any opportunities for the Japanese manufacturers to grow further internationally in the 1990s. By the end of 1990s, two nations again had to decide a 3G technology standard with vast challenges and pressures.

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