Showing 1 - 10 of 194
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive …
Persistent link: https://www.econbiz.de/10005504478
Public ownership is viewed as a restriction on the portfolio of equities held by investors. Three conditions are required to justify such restrictions. First, monitoring and coordination create concentration in supply or demand. Second, complete contracts must be infeasible or undesirable....
Persistent link: https://www.econbiz.de/10005656213
Using data from a large enterprise-level panel designed to address this issue, we account for enterprise performance in Russia. We link performance to four aspects of the economic environment outlined in the literature: enterprise ownership; corporate governance; market structures and competition;...
Persistent link: https://www.econbiz.de/10005666814
In February 2008, British Telecommunications (BT) introduced automatically renewing, or ‘rollover’, contracts into the …. This raises significant concerns about the competitive effects of such contracts in media and telecommunications markets. …
Persistent link: https://www.econbiz.de/10009385761
This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008468563
I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient. This paper bundles my comments on two papers...
Persistent link: https://www.econbiz.de/10005123523
assesses whether the general principles need to be adapted when dealing with the telecommunications services industry. The …
Persistent link: https://www.econbiz.de/10005124009
This Paper examines a general problem exemplified by post-auction (third generation ‘3G’) mobile telecommunications … must often decide on the degree of coverage (‘roll-out’) they wish to achieve. Prior investment must be sunk in order to …
Persistent link: https://www.econbiz.de/10005124418
Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the...
Persistent link: https://www.econbiz.de/10005498003
In telecommunications some operators have deployed their own networks whereas some others have not. The latter firms …
Persistent link: https://www.econbiz.de/10005498041