In many industries, including telecommunications, a government decision on a standard is needed for the society to reap the benefits from the diffusion of new goods. Delays induced by regulatory bodies either in standard choice or its implementation can be extremely costly. I study governments'...

In this study, we investigate empirically the relationship between telephone penetration and economic growth, using data for developing countries. Using 3SLS, we estimate a system of equations that endogenizes economic growth and telecom penetration. We find that the traditional economic factors...

This paper assesses the growth impact of telecommunications infrastructure investment in developing countries by subjecting country specific data on mainline tele-density and per capita growth to Granger causality test within a panel cointegration framework. The results suggest that growth...

Factors determining the diffusion of digital mobile telephony across developed and developing countries are studied with the aid of a Gompertz model. After controlling for other factors, the speed of diffusion per se is not significantly different between the two groups of countries. Standards...

We examine the effects of public ownership and regulatory agency independence on regulatory outcomes in EU telecommunications. We present evidence of political influence over regulatory outcomes, and demonstrate the importance of regulatory independence in ensuring unbiased regulatory policy....

This research explores the effects of distance to the pre-industrial technological frontiers on comparative economic development in the course of human history. It establishes theoretically and empirically that distance to the frontier had a persistent non-monotonic effect on a country's...

This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...

This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...