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investment cost is low, the regulator can induce investment when he cannot commit to a policy. Second, we show that in this case …
Persistent link: https://www.econbiz.de/10005115563
decide not to invest. When investment occurs, the vertically integrated firm may be induced to give access to the entrant for … a low access price for the old technology. Furthermore, when both firms can invest, investment occurs under a larger set …
Persistent link: https://www.econbiz.de/10010595116
We analyze the incentives of a telecommunications incumbent to invest and give access to a downstream entrant to a next generation network, NGN. We model the industry as a duopoly, where a vertically integrated incumbent and a downstream entrant, that requires access to the incumbent's network,...
Persistent link: https://www.econbiz.de/10005115567
advertising revenues. We further show that the impact of network neutrality regulation on the investment in the quality of network … among CPs, investment and welfare are higher under the discriminatory regime. …
Persistent link: https://www.econbiz.de/10010699749
The paper discusses the present regulatory framework in Italy concerning transport infrastructures financing and provides some policy indications. The Italian situation is characterised by non homogeneity among the transport modes and insufficient, or even perverse, incentives to efficiency....
Persistent link: https://www.econbiz.de/10005837154
investment. The hypothesis that liberalization promotes investment has received the most empirical support in recent research … investment by private and state-owned firms. We conduct an empirical study of the infrastructure investment of 20 incumbent … infrastructure investment by state-owned incumbents but reduces investment by private incumbents. …
Persistent link: https://www.econbiz.de/10010666201
access to them (OPf2). In our model, the level of investment is decided at stage 1 and the access price is decided at stage 2 … welfare and number of FTTH consumers) will be at its highest if both investment and access price decisions are taken by the …
Persistent link: https://www.econbiz.de/10010983314
influence both the investment decision and the investor's price via her signals on regulation probability and price. …
Persistent link: https://www.econbiz.de/10005785065
estimate the level of e-communications investment in the EU and to examine its main drivers as part of a contributio to the … provides a description of the process of collecting data on investment in physical infrastructure in the e …-communciations sector by country and by sub-sector. It also presents the collected data, showing a decline in overall investment between …
Persistent link: https://www.econbiz.de/10005789277
investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … improving in key sectors, partly thanks to greater private investment, bottlenecks endure and efforts to intensify competition … and ensure continued strong investment are required. Labour market reforms are also required to promote job creation …
Persistent link: https://www.econbiz.de/10009191040