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ERIC Number: ED359925
Record Type: Non-Journal
Publication Date: 1993-Apr
Pages: 28
Abstractor: N/A
Reference Count: N/A
HDTV Debate: Industrial Policy Gone Awry.
Thompson, Brad; And Others
Some of the arguments for and against an industrial policy to invigorate the new High Definition Television (HDTV) industry are reviewed, arguing that the potential impact of an HDTV industry on the U.S. economy has been overstated and that the industry, considered to have great potential for educational and other uses, will cost consumers much more than conventional television while only providing limited benefits. It is further argued that, by setting standards to establish an HDTV industry, the Federal Communications Commission (FCC) may stimulate manufacture of sets by foreign countries that will have negative impacts on the U.S. economy. The history of HDTV development is traced, and probable costs and benefits are outlined. A market for HDTV will not develop unless programming is available. By setting a standard and a mandatory phase-in period, the FCC will guarantee a market and programming, and the industry will no longer be reluctant to produce the receivers and auxiliary equipment needed. It is probable that an industrial policy will cost consumers billions of dollars for a negligible and unsought improvement in their lives with no likely recovery in the American consumer economics industry. (SLD)
Publication Type: Reports - Evaluative; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A