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We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...
Persistent link: https://www.econbiz.de/10013116573
We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel of OECD countries in 1996-2007. Our instrumental-variable model derives its non-linear first stage from a logistic diffusion model where pre-existing voice-telephony and...
Persistent link: https://www.econbiz.de/10008572478
Recent advances in telecommunications, particularly using fibre technologies, permit many services based on data … to create a level playing field between the country's former telecommunications monopolist and foreign competitors and …
Persistent link: https://www.econbiz.de/10013158458
Currently, U.S. and EU telecommunications policies differ in many respects. For example, wholesale access to local … telecommunications policies in the U.S. and EU? Based on a survey of the relevant U.S. and EU related economics literature the current …
Persistent link: https://www.econbiz.de/10013051376
The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
Persistent link: https://www.econbiz.de/10013316358
hypothesis is put to an empirical test focusing on a particular kind of crime, namely corruption. In order to test it, it was … show that de facto independence of prosecution agencies robustly reduces corruption of officials …
Persistent link: https://www.econbiz.de/10012772555
This paper uses a multiple indicators and multiple causes (MIMIC) model and estimates the extent of corruption in 30 … Chinese provinces from 1995 to 2015. Treating corruption as an unobserved latent variable, the MIMIC results show that both … government size and public investment have significant positive effects on corruption, while fiscal decentralization, citizen …
Persistent link: https://www.econbiz.de/10012910628
This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong … incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty … towards the powers that be; thus corruption is a method of governance. We trace the systemic corruption back to the Mongolian …
Persistent link: https://www.econbiz.de/10013315436
The aim of this paper is to study the effect of local corruption on political participation which is mediated by the … press. Focusing on Italy, we generate a daily measure of exposition to local corruption screening articles of main Italian … press agency. Applying an event-study methodology on local elections, two results emerge. First, corruption exposition …
Persistent link: https://www.econbiz.de/10012947352
We evaluate the impact of a major European state aid programme for broadband deployment applied to rural areas in the German state of Bavaria in the years 2010 and 2011. Using matched difference-in-differences estimation strategies, we find that aided municipalities have – depending on...
Persistent link: https://www.econbiz.de/10012919054