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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
countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …
Persistent link: https://www.econbiz.de/10011514596
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
In this paper, we analyze the incentives of an incumbent and an entrant to migrate from an “old” technology to a “new” technology, and discuss how the terms of wholesale access affect this migration. We show that the coverage of the new technology varies non-monotonically with the access...
Persistent link: https://www.econbiz.de/10011051641
structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access regulation … regimes – full regulation, partial regulation (only the copper network is regulated), risk sharing – on investment incentives …
Persistent link: https://www.econbiz.de/10010595118
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
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
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