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effective regulation and investment. …Regulation of telecommunications sector plays a crucial role in the political and economic agenda for both industrial … of regulation and the extended state interventionism. The main aim of this study is to examine the regulatory process in …
Persistent link: https://www.econbiz.de/10010636259
to invest compared to autarky. The investment levels remain inefficient though. With generation facilities over-investment … occurs sometimes, while systematic under-investment occurs for transportation facilities. Free-riding reduces the incentives … investment. …
Persistent link: https://www.econbiz.de/10010556079
under incentive regulation. This study analyses the determinants of investment in Norwegian electricity distribution …Investment in electricity networks, as regulated natural monopolies, is among the highest regulatory and energy policy … electricity sector, identifying investment drivers of power networks facilitates effective regulatory treatment of investment …
Persistent link: https://www.econbiz.de/10010729016
influence both the investment decision and the investor's price via her signals on regulation probability and price. … monopolistic prices, we model an investor's decision problem under a threat of regulation. We show that the mere threat of a … regulator's intervention may prevent supernormal profits without actual price regulation. The regulator, on the other hand, can …
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
overinvestment. The last section will provide recommendations for a more efficient regulation. …
Persistent link: https://www.econbiz.de/10005837154
The paper studies the impact of market integration on investment incentives in non-competitive industries. It … distinguishes between investment in transportation and production cost-reducing technologies. Each domestic firm is controlled by a … investment in cost-reducing technology compared to autarky. This is in contrast with the systematic underinvestment problem …
Persistent link: https://www.econbiz.de/10005012490
We analyze if two-part access tariffs solve the dynamic consistency problem of the regulation of Next Generation … 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
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
doivent de faire face les économies d'accueil. Dans les deux cas, la régulation des marchés de produits et la politique du …
Persistent link: https://www.econbiz.de/10005045889