This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with differentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...

Using data from the WCIS (World Cellular Information Service) and the Telecoms Market Matrix of Analysis Mason, we were able to build a database relating the level of investment per capita to license duration for 14 countries over a 10-year period. An empirical analysis of the data shows a...

The impact of market structure on investment is an important topic in the mobile industry. However, previous literature remains ambiguous about the direction of the relationship. This paper takes advantage of the exogeneity of the number of mobile operators to investigate its impact on...

This paper investigates the relationship between competition and investment in the wireless industry from a dynamic perspective. Using firm level data and instrumental variable estimation strategy, it finds that the relationship is inverted-U shaped, with an investment maximising intensity of...

This paper investigates the impact of technical progress on the relationship between competition an investment. The competition is measured as the degree of substitutability and technical progress enlarges the size of innovation in cost reduction. In a context of duopoly, technical progress...