Growth in the “New Economy”: U.S. Bandwidth Use and Pricing Across the 1990s

An acceleration in the growth of communications bandwidth in use and a rapid reduction in bandwidth prices have not accompanied the U.S. economy’s strong performance in the second half of the 1990s. Overall U.S. bandwidth in use has grown robustly throughout the 1990s, but growth has not significantly accelerated in the second half of 1990s. Average prices for U.S. bandwidth in use have fallen little in nominal terms in the second half of the 1990s. Policy makers and policy analysts should recognize that institutional change, rather than more competitors of established types, appears to be key to dramatic improvements in bandwidth growth and prices. Such a development could provide a significant additional impetus to aggregate growth and productivity.media, communications, advertising, time, e-government, regulation, reading, newspapers, television, radio

Addressing performance requirements in the FDT-based design of distributed systems

The development of distributed systems is generally regarded as a complex and costly task, and for this reason formal description techniques such as LOTOS and ESTELLE (both standardized by the ISO) are increasingly used in this process. Our experience is that LOTOS can be exploited at many stages on the design trajectory, from requirements specification to implementation, but that the language elements do not allow direct formalization of performance requirements. To avoid duplication of effort by using two formalisms with distinct approaches, we propose a design method that incorporates performance constraints in an heuristic but effective manner

Multistage Switching Architectures for Software Routers

Software routers based on personal computer (PC) architectures are becoming an important alternative to proprietary and expensive network devices. However, software routers suffer from many limitations of the PC architecture, including, among others, limited bus and central processing unit (CPU) bandwidth, high memory access latency, limited scalability in terms of number of network interface cards, and lack of resilience mechanisms. Multistage PC-based architectures can be an interesting alternative since they permit us to i) increase the performance of single software routers, ii) scale router size, iii) distribute packet manipulation and control functionality, iv) recover from single-component failures, and v) incrementally upgrade router performance. We propose a specific multistage architecture, exploiting PC-based routers as switching elements, to build a high-speed, largesize,scalable, and reliable software router. A small-scale prototype of the multistage router is currently up and running in our labs, and performance evaluation is under wa

Internet economics and policy: An Australian perspective

Publicly available information indicates that the demand and supply of Internet and Internet-related services are continuing to expand at a rapid pace. Since 1997 the number of Internet service providers (facilities-based and resellers) has increased by nearly 40 per cent; the number of points-of-presence per Internet service provider has increased by five times; the number of hosts connected to the Internet has more than quadrupled; and Internet traffic has increased from six to 10 times. The emergence of electronic commerce (e-commerce), driven by this rapid adoption of Internet services and continual technological innovation, is likely to have profound economic and social impacts on Australian society. This paper provides a detailed analysis of the impact of the Internet and e-commerce, ranging from the changes in the market structure of the telecommunications industry, its role in changing the organisation of traditional markets, the emergence of new markets, and the structural shifts to employment, productivity and trade. The paper also analyses contemporary Australian regulatory responses. IIe-commerce; internet economics