FrontMatter -- Contents -- Preface -- List of Acronyms -- I INTRODUCTION -- Telecommunications in the New Economy -- II PROCEEDINGS -- Introduction--Dale W. Jorgenson -- Overview: "The End of Stovepiping"--William J. Raduchel -- Technological Change and Economic Opportunity: The View from the Federal Communications Commission--Peter A. Tenhula -- Panel I : New Technology Trends and Implications -- Panel II: The Broadband Opportunity: What Needs to Be Done? -- Panel III: The Waterfall Effects -- Panel IV: Participants' Roundtable -- Concluding Remarks -- III APPENDIXES -- Appendix A Biographies of Speakers -- Appendix B Participants List -- Appendix C Selected Bibliography.