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Regulation and Investment in Network Industries: Evidence from European Telecoms
Grajek, Michał; Röller, Lars-Hendrik - 2009
We provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications by using a comprehensive data set covering 70+ fixed-line operators in 20 countries over 10 years. Our econometric model accommodates: different investment incentives for...
Persistent link: https://www.econbiz.de/10010352072
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Regulatorische Risiken in Telekommunikationsmärkten aus institutionenökonomischer Perspektive
Dewenter, Ralf; Haucap, Justus; Heimeshoff, Ulrich - 2007
Kaum eine ordnungspolitische oder regulatorische Frage hat in der deutschen Telekommunikationsbranche wohl in den letzten Jahren für so viel Aufruhr gesorgt, wie die Einführung des neuen §9a in das Telekommunikationsgesetz (TKG). Die neue Vorschrift sieht vor, dass die Bundesnetzagentur...
Persistent link: https://www.econbiz.de/10010263461
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Regulatory reforms in selected EU network industries
Martin, Reiner; Roma, Moreno; Vansteenkiste, Isabel - 2005
In the course of the 1990s, the EU has embarked on an ambitious regulatory reform programme for a number of European network industries, such as telecommunications, energy and transport. This paper analyses the potential benefits of successful reforms in these sectors with a focus on the price...
Persistent link: https://www.econbiz.de/10011606180
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Zum Wandel der öffentlichen Verwaltung in den liberalisierten Netzwerkindustrien
Bauer, Michael W. - 2002
deregulation movements have been shaken up the European network industries-telecommunication, electricity and railways. These …
Persistent link: https://www.econbiz.de/10010323946
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Immigration, remittances, and business cycles
Mandelman, Federico S.; Zlate, Andrei - 2012
Using data on border enforcement and macroeconomic indicators from the United States and Mexico, we estimate a two-country business cycle model of labor migration and remittances. The model matches the cyclical dynamics of unskilled migration and documents the insurance role of remittances in...
Persistent link: https://www.econbiz.de/10010292262
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Corporate strategies in the telecommunications sector in an environment of continuing liberalization
Borrmann, Christine - 2001
The article refers to the interplay between deregulation resp. liberalization of the telecommunications sector and the … of TC-firms played an essential part in realizing the process of deregulation – besides technological developments and …Der Beitrag behandelt das Wechselspiel zwischen der Deregulierung bzw. Liberalisierung des Telekommunikationssektors …
Persistent link: https://www.econbiz.de/10010295590
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Last-In First-Out Oligopoly Dynamics
Abbring, Jaap H.; Campbell, Jeffrey R. - 2006
This paper extends the static analysis of oligopoly structure into an infinite-horizon setting with sunk costs and demand uncertainty. The observation that exit rates decline with firm age motivates the assumption of last-in first-out dynamics: An entrant expects to produce no longer than any...
Persistent link: https://www.econbiz.de/10010325193
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Duopoly Dynamics with a Barrier to Entry
Abbring, Jaap H.; Campbell, Jeffrey R. - 2007
This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...
Persistent link: https://www.econbiz.de/10010325491
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Do Financial Constraints Matter for Foreign Market Entry? – A Firm-Level Examination
Stiebale, Joel - 2008
Recent theoretical and empirical contributions stress the importance of financial development for international trade. This paper investigates whether financial constraints matter for foreign market entry at the firm level using dynamic panel data techniques. The empirical framework is applied...
Persistent link: https://www.econbiz.de/10010264722
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Mobility Barriers and the Speed of Market Selection
Hölzl, Werner - 2012
This paper studies the influence of mobility barriers on industry evolution using the stylised pure selection model developed by Metcalfe. It is shown that mobility barriers influence industry dynamics by reducing the speed of competitive selection. Based on the theoretical model, we argue that...
Persistent link: https://www.econbiz.de/10011435383