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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/10003922795
The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …
Persistent link: https://www.econbiz.de/10010423531
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
This paper analyses the determinants of aggregate per-capita investments into the telecom sector. We provide results of panel econometric estimates for EU and OECD countries covering the period from 2005 to 2013. The findings show a positive effect of infrastructure-based competition between...
Persistent link: https://www.econbiz.de/10012023645
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regulated access. -- Telecommunications ; access regulation ; unbundling ; investment …
Persistent link: https://www.econbiz.de/10003871767
(ownership unbundling), (ii) one of the network users is partially integrated with the operator and the others are disintegrated … (legal unbundling). We seek to understand when ownership unbundling leads to lower customer prices, and formalize necessary … conditions. In general, legal unbundling implies a less effective regulation, but it reduces the degree of market distortion …
Persistent link: https://www.econbiz.de/10003430064