Showing 1 - 10 of 10
policies and competition controlling for relevant supply and demand side factors. Our econometric model employs dynamic panel … impact on investment in new infrastructure. Furthermore, infrastructure-based competition from mobile operators and the …
Persistent link: https://www.econbiz.de/10010424793
regulatory holidays or geographically differentiated regulations, ii) deregulatory approaches based on effective competition law … of access regulations exist, whereas only a much smaller branch of literature addresses the impact of competition … in grey areas, if there is sufficient pressure from competitive outside options and if competition law is strong. Finally …
Persistent link: https://www.econbiz.de/10010462525
Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests that the failure to appropriately account for model...
Persistent link: https://www.econbiz.de/10009777597
We propose a difference-in-differences (DiD) approach to estimate the impact of incentives on cost reduction. We show theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when subject to a lower-powered regulation mechanism. The...
Persistent link: https://www.econbiz.de/10011795225
We propose a difference-in-differences (DiD) approach to estimate the impact of incentives on cost reduction. We show theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) pile up more costs in the year used to determine future prices when subject...
Persistent link: https://www.econbiz.de/10011971656
In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the ability to recover capital is found to be important. The application of efficient firm standards based on historic (straight-line) depreciation given heterogeneous investment...
Persistent link: https://www.econbiz.de/10011334114
In September 2016, the European Commission (EC) published its proposal for a directive establishing the European Electronic Communications Code (EECC) - with one key aim being the provision of sufficient incentives for infrastructure investments into high-speed communication networks. Based on a...
Persistent link: https://www.econbiz.de/10011687900
In this paper we study how the coexistence of access regulations for legacy (copper)and fiber networks shapes the incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by incumbent telecom operators and heterogeneous entrants...
Persistent link: https://www.econbiz.de/10011687904
The literature on the effects of telecommunications infrastructure investments find positive macroeconomic effects, however, it is severely constrained because it could hitherto only analyze investment up to "basic" broadband but not up to the newer generations of "fast" and "ultra-fast"...
Persistent link: https://www.econbiz.de/10011821080
2003 to 2012. We examine the impact of service- and facility-based competition on firm-level investment as well as the … estimation techniques which allows us to account for various sources of endogeneity. We find that facility-based competition … decisions are strategic complements. Moreover, we find that intermodal competition in terms of fixed-mobile substitution exerts …
Persistent link: https://www.econbiz.de/10011300640