This paper examines the impact of transaction costs on economic welfare and development. We extend the static model of Romer (1994), in which transaction costs reduce welfare by the reducing the equilibrium number of intermediate goods, and estimate the welfare losses in the case of domestic...

Die Diskussion um das digital divide oder die digitale Spaltung, wie sie für den deutschsprachigen Raum übersetzt wird, wird nun schon seit nahezu zehn Jahren intensiv geführt.1 Vor allem im Rahmen der politischen Diskussion hat sich das Bedrohungsszenario einer digitalen Spaltung innerhalb...

The article presents key issues relating to the methods of mobile termination rates calculation by the Polish National Regulatory Agency (NRA): the UKE President. It analyses the provisions of Polish telecommunications law of 20041 with respect to the rights and obligations of the UKE President....

This third overview of EU competition and sector-specific regulatory jurisprudential and case law developments with a nexus to Poland covers the years 2010 and 2011. This period of time is worth noting for several reasons. First, EU courts delivered a significant number of judgments in...

Communication is a real barrier to organizing international production as it hinders knowledge transmission. This paper provides evidence to suggest that a way in which multinational firms economize on costly information transfers is by using skilled foreign workers, since local talent can...

We analyze the role of different contract types and access regulation on innovation and competition in telecommunications in the context of Next Generation Access Networks. Within a standard duopoly model, we show that ex-post access contracts lead less often to the duplication of investment,...

The Averch-Johnson hypothesis of over-capitalisation is tested, in this work, using Bell Canada data from the 1952-76 period. The cost minimization conditions are checked by using a Cobb-Douglas production function, with an optional index of technology, while the 1952-76 data sample has been...