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Investment in broadband infrastructure under local deregulation : evidence from the UK broadband market

Fabritz, Nadine; Falck, Oliver - 2013

This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of … exploit regional differences in deregulation following a 2008 reform. Controlling for initial conditions, first …-difference estimates show that local deregulation increases local investment in infrastructure by both the incumbent and competitors. …

Persistent link: https://www.econbiz.de/10009752995

The competition between competition rules

Sinn, Hans-Werner - 1999

profi t s. Instead of such an equilibrium, a deregulation race is likely to emerge in which all but the last country repeal … their antitrust laws. The deregulation race results in a chain of Stackelberg leadership positions taken over by national …

Persistent link: https://www.econbiz.de/10009781687

Broadband infrastructure and economic growth

Czernich, Nina; Falck, Oliver; Kretschmer, Tobias; … - 2009

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/10003910663

Telecommunication submarine-cable deployment and the digital divide in Sub-Saharan Africa

Cariolle, Joël - 2018

The recent deployment of fibre-optic submarine cables (SMCs) in sub-Saharan Africa (SSA) raised the prospects for the digital economy expansion and the whole sub-continent take-off, but also exposed countries and populations to new sources of vulnerability. This paper provides empirical evidence...

Persistent link: https://www.econbiz.de/10011951676

In pursuit of fairness? : infrastructure investment in digital markets

Kretschmer, Tobias - 2022

Recent and ongoing investments into telecommunications infrastructure have facilitated the repeated waves of digitization, both in personal and professional life. I address the question of which actors should contribute to investment costs into telecoms infrastructure and how. One widely...

Persistent link: https://www.econbiz.de/10013413502

Innovation and startup acquisition

Bourreau, Marc; Gautier, Axel - 2024

In this paper, we consider two platforms that compete for the development of a new product to integrate into their ecosystems. The new product can be developed either inhouse by the platforms or by an independent startup active only in the technology market. The presence of the startup affects...

Persistent link: https://www.econbiz.de/10015164657

Buying to sell : private equity buyouts and industrial restructuring

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - 2013

We show how temporary ownership by private equity firms affects industry structure, competition and welfare. Temporary ownership leads to strong investment incentives because equilibrium resale prices are determined by buyers incentives to block rivals from obtaining assets. These incentives...

Persistent link: https://www.econbiz.de/10009772935

Market entry regulation and international competition

Upmann, Thorsten; Stähler, Frank - 2003

As a part of their industry or competition policies governments decide whether to allow for free market entry of firms or to regulate market access. We analyze a model where governments (ab)use these policy decisions for strategic reasons in an international setting. Multiple equilibria of this...

Persistent link: https://www.econbiz.de/10011508060

Transparency and tacit collusion in a differentiated market

Schultz, Christian - 2002

This paper investigates the effects on tacit collusion of increased market transparency on the consumer side of a market in a differentiated Hotelling duopoly. Increasing market transparency increases the benefits to a firm from underbutting the collusive price. It also decreases the punishment...

Persistent link: https://www.econbiz.de/10011409987

On the profitability of cross-ownership in Cournot oligopolies : stock sizes matter

Benchekroun, Hassan; Dai, Miao; Long, Ngo Van - 2020

We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We consider a symmetric cross-ownership structure in which a subset of k firms engage in cross-shareholding and each firm has an equal silent financial interest in the other firms,...

Persistent link: https://www.econbiz.de/10012263696