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Unbundling the Incumbent and Entry Into Fiber : Evidence From France

Bourreau, Marc - 2018

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/10012916532

Behind the Scenes of the Telecommunications Miracle : An Empirical Analysis of the Indian Market

Biancini, Sara - 2021

competition on investment: competition seemingly helps stimulating investment in the most developed areas, but has probably no …

Persistent link: https://www.econbiz.de/10013316116

Capital Structure and Regulation in U.S. Local Telephony : An Exploratory Econometric Study

Resende, Marcelo - 2021

as a response to previous physical capital investment with an ultimate goal of inducing higher rates. Theoretical models …) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an … 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/10013316358

Evaluating Market Consolidation in Mobile Communications

Genakos, Christos - 2017

We study the dual relationship between market structure and prices and between market structure and investment in …. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our …

Persistent link: https://www.econbiz.de/10012953486

Investment Size and Firm's Value under Profit Sharing Regulation

Moretto, Michele; Panteghini, Paolo; Scarpa, Carlo - CESifo - 2003

’s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm’s value due to profit sharing, linking this reduction to the …

Persistent link: https://www.econbiz.de/10005405789

When is Ambiguity-Attitude Constant?

Eichberger, Jürgen; Grant, Simon; Kelsey, David - CESifo - 2012

This paper studies how updating affects ambiguity-attitude. In particular we focus on the generalized Bayesian update of the Jaffray-Phillipe sub-class of Choquet Expected Utility preferences. We find conditions for ambiguity-attitude to be the same before and after updating. A necessary and...

Persistent link: https://www.econbiz.de/10010539152

The Dynamics of Corruption with the Ratchet Effect

Choi, Jay Pil; Thum, Marcel - CESifo - 2000

This paper provides a simple model of corruption dynamics with the ratchet effect. As in Shleifer and Vishny [1993], we consider the sale of government property (entry permit) by government officials as the prototype of corruption activities. In a dynamic version of the Shleifer-Vishny model,...

Persistent link: https://www.econbiz.de/10005094335

External Constraints Matter for Privatizations

Petrarca, Ilaria; Ricciuti, Roberto - CESifo - 2014

We present an analysis of the share of public ownership in the product market in the OECD countries from 1974 to 2007. Despite much has been said on the broad topic of reforms and regulation, a sector-specific insight is missing. We replicate the analysis of Galasso (2014) by sector of activity...

Persistent link: https://www.econbiz.de/10010948843

On the many Ways Europeanization Matters: The Implementation of the Water Reform in Italy (1994-2006)

Asquer, Alberto - CESifo - 2009

The research agenda of Europeanization is currently highly focused on issued related to what accounts for the 'horizontal' interaction between domestic actors and how these actors make use of stimuli originating from the EU. This paper aims to contribute to this line of inquiry through the case...

Persistent link: https://www.econbiz.de/10008572548

External Constraints Matter for Privatizations

Petrarca, Ilaria - 2014

Persistent link: https://www.econbiz.de/10013044551