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Steering Incentives of Platforms : Evidence from the Telecommunications Industry
McManus, Brian; Nevo, Aviv; Nolan, Zachary; Williams, … - 2022
We study the trade-offs faced by Internet Service Providers (ISPs) that serve as platforms through which consumers access both television and internet services. As online streaming video improves, these providers may respond by attempting to steer consumers away from streaming video toward their...
Persistent link: https://www.econbiz.de/10014098411
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Taxation by Telecommunications Regulation
Hausman, Jerry A. - 2021
Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10013248105
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The Skill Complementarity of Broadband Internet
Akerman, Anders - 2015
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data to answer these questions. A public program with limited funding rolled out broadband access points, and...
Persistent link: https://www.econbiz.de/10013030144
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Net Neutrality : A Fast Lane to Understanding the Trade-Offs
Greenstein, Shane M. - 2016
The “net neutrality” principle has triggered a heated debate and advocates have proposed policy interventions. In this paper, we provide perspective by framing issues in terms of the positive economic factors at work. We stress the incentives of market participants, and highlight the...
Persistent link: https://www.econbiz.de/10012999972
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Why We Need to Measure the Effect of Merger Policy and How to Do it
Carlton, Dennis W. - 2010
In this article, I explain the inadequacy of our current state of knowledge regarding the effectiveness of antitrust policy towards mergers. I then discuss the types of data that one must collect in order to be able to perform an analysis of the effectiveness of antitrust policy. There are two...
Persistent link: https://www.econbiz.de/10012757872
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Better, Faster, Stronger : Global Innovation and Trade Liberalization
Coelli, Federica - 2016
This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 … enables us to establish the causal impact of trade policy on innovation. Our results suggest that trade liberalization has … economically significant effects on innovation and, ultimately, on technical change and growth. According to our estimates, about 7 …
Persistent link: https://www.econbiz.de/10012982938
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Competition Policy and International Trade
Levinsohn, James A. - 2021
This paper presents a non-technical discussion of economic issues that arise due to links between competition (or anti-trust) policy and international trade. While recent advances in international trade theory have borrowed heavily from the industrial organization literature, this work has a...
Persistent link: https://www.econbiz.de/10013249155
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International Trade Aspects of Competition Policy
Nagaoka, Sadao - 2021
Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...
Persistent link: https://www.econbiz.de/10013228236
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Fiscal Limits in Advanced Economies
Leeper, Eric M. - 2011
Aging populations in advanced economies are placing ever-increasing demands on government spending in the form of old-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress. Unresolved...
Persistent link: https://www.econbiz.de/10013129132
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Fire Sales in Finance and Macroeconomics
Shleifer, Andrei - 2010
Fire sales are forced sales of assets in which high-valuation bidders are sidelined, typically due to debt overhang problems afflicting many specialist bidders simultaneously. We overview theoretical and empirical research on asset fire sales, which shows how they can arise, how they can lead to...
Persistent link: https://www.econbiz.de/10013134890