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We use panel data on 36,104 municipalities in metropolitan France over the period 2010-2014 to estimate two models of entry into local markets by: (i) alternative operators using wholesale access to the legacy copper network via local loop unbundling (LLU), and (ii) the incumbent and two...
Persistent link: https://www.econbiz.de/10011872063
) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an … as a response to previous physical capital investment with an ultimate goal of inducing higher rates. Theoretical models … with the notion that the size of the firm´s investment project can impose a restriction on the amount of new debt. The …
Persistent link: https://www.econbiz.de/10010265976
This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory ….s investment incentive and social welfare. Furthermore, the investment level is higher if the regulated ISP is allowed to charge … the CPs. Finally, a socially optimal investment can be opposite to the ISP's choice when the contents are enough …
Persistent link: https://www.econbiz.de/10012179873
. Furthermore, investment in network capacity is suboptimal in the case of prioritization and socially optimal under zero-rating. …
Persistent link: https://www.econbiz.de/10011931935
This paper presents a basic framework to assess whether structural (vertical) separation is desirable. It is discussed within the setting of fixed telecommunications markets. From an economist's perspective, the key question that underlies the case for structural separation is: is there a...
Persistent link: https://www.econbiz.de/10010272289
competition on investment: competition seemingly helps stimulating investment in the most developed areas, but has probably no …
Persistent link: https://www.econbiz.de/10010274752
In this paper, we study the impact of co-investment by incumbents and entrants on the roll-out of network …' investment incentives are reduced and total coverage can be lower than in a benchmark with earlier co-investment. We consider two … remedies to correct these distortions: (i) co-investment options purchased ex-ante by entrants from incumbents, and (ii) risk …
Persistent link: https://www.econbiz.de/10012179877
We evaluate the welfare effects of the Roam-Like-At-Home regulation, which drastically re-duced the price of accessing the mobile internet for EU residents when traveling abroad in the European Economic Area. Estimates from individual-level usage data suggest that consumer surplus increased by...
Persistent link: https://www.econbiz.de/10013177646
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the Rest of the World as a control group. We find large and...
Persistent link: https://www.econbiz.de/10012658009
In this paper, we study the impact of co-investment by incumbents and entrants on the roll-out of network …' investment incentives are reduced and total coverage can be lower than in a benchmark with earlier co-investment. We consider two … remedies to correct these distortions: (i) co-investment options purchased ex-ante by entrants from incumbents, and (ii) risk …
Persistent link: https://www.econbiz.de/10012841930