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also developed a summary index of the efficiency of investment allocation that measures whether, and to what extent …, investment funds are going to firms with a higher marginal return to capital. Then it was examined the relationship between this … has led to an increase in the efficiency with which investment funds are allocated. …
Persistent link: https://www.econbiz.de/10010944537
In this paper we study the impact of different forms of access obligations on firms’ incentives to migrate from the legacy copper network to next generation broadband infrastructures. We analyze geographically differential access prices of copper (that depend on whether or not an alternative...
Persistent link: https://www.econbiz.de/10010989239
broadband market, where the incumbent has an investment option to build a Next Generation network (NGN) and it can do so by … making an investment sharing agreement with the OLO, or alone. Two different kinds of investment sharing contractual forms … are analyzed, a basic investment sharing, where no side-payment is given for the use of the NGN between co-investors, and …
Persistent link: https://www.econbiz.de/10010943061
according to geographical differences in NGAN deployment; the impact of co-investment decisions on market outcomes and their …
Persistent link: https://www.econbiz.de/10010943072
assess the severity of financing constraints, by focusing on firms investment choices. All the papers (but one) were part of … country risk. Moreover, firms that have foreign participation appear to be less financially constrained in their investment …
Persistent link: https://www.econbiz.de/10010943916
We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that …
Persistent link: https://www.econbiz.de/10009209829
demand structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access … investment incentives and social welfare. We find that, compared to Foros (2004), the OLO gets better access condition in case of …
Persistent link: https://www.econbiz.de/10010555872
In this paper we study the impact of different forms of access obligations on firms’ incentives to migrate from the legacy copper network to ultra-fast broadband infrastructures. We analyse three different kinds of regulatory interventions: geographical regulation of access to copper networks...
Persistent link: https://www.econbiz.de/10010721535
This paper evaluates the effects of fiscal policy on investment using a panel of OECD countries. In particular, we … investigate how different types of fiscal policy affect profits and, as a result, investment. We find a sizeable negative effect … of public spending - and in particular of its public wage component - on business investment. This result is consistent …
Persistent link: https://www.econbiz.de/10005791207
product market, concerning in particular entry barriers, are negatively related to investment. The policy implication of our … analysis is clear: regulatory reforms, especially those that liberalize entry, are very likely to spur investment. …
Persistent link: https://www.econbiz.de/10005791979