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, investments increase off-net traffic from the investor’s network but also from competitors’ networks. Regulation changes the … functions. Testing for a common regulation-investment effect provides evidence that the negative investment externality is not … due to regulation. …
Persistent link: https://www.econbiz.de/10008500714
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10008756427
Although the future socio-economic benefits of a new fibre-based ('next generation access', NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...
Persistent link: https://www.econbiz.de/10010957680
Central features of today's electronic communications markets are complementarities between the different layers of the value chain, substitutability between some applications, network effects in the provision of content and services, two-sided business models that partly involve indirect...
Persistent link: https://www.econbiz.de/10011095350
, there is a need for unbundling regulation to foster competition. Improvements to the current open-network regulation …
Persistent link: https://www.econbiz.de/10005098426
, deregulatory policies including soft regulation are the dominant policy in 'black' areas, where several independent infrastructure …
Persistent link: https://www.econbiz.de/10011122571
In the advent of postal market liberalization in several European countries we expect that the incumbent operators anticipate entry by competitors who are not required to offer universal service, i.e. coverage of the entire country and uniform pricing. The market for postal service exhibits...
Persistent link: https://www.econbiz.de/10005097679
market regulation have motivated this quality improvement. In particular we show that this rise in quality is only profitable …
Persistent link: https://www.econbiz.de/10005097892
Mobile internet access allows for flexibility with respect to working time and working place. We analyse whether employees' use of mobile internet access improves firms' labour productivity. Our data set comprises 2460 German firms and refers to the year 2010, when mobile internet started its...
Persistent link: https://www.econbiz.de/10010957699
innovations. Moreover, national regulators become more independent, and former national regulation tasks are partially shifted to …
Persistent link: https://www.econbiz.de/10008756429