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Telecommunications was one of the first markets to become part of what today comprises the regulatory state, shifting risks and rewards towards the private sector, subject to regulation. Parliamentary has oversight of policies, the regulator and subventions from HM Treasury, which are necessary...
Persistent link: https://www.econbiz.de/10014127883
This paper develops a structural model which allows estimating the impact of regulatory decisions looking for the setting of download-speed standards on market structure and performance. We characterize a setting under which quality standards improve both service quality and availability. As to...
Persistent link: https://www.econbiz.de/10010397861
Persistent link: https://www.econbiz.de/10011695673
Persistent link: https://www.econbiz.de/10011695674
This paper develops a structural model which allows estimating the impact of regulatory decisions looking for the setting of download-speed standards on market structure and performance. We characterize a setting under which quality standards improve both service quality and availability. As to...
Persistent link: https://www.econbiz.de/10010395753
Information and communication technologies (ICTs) are an important determinant of productivity growth and innovation. This study examines the effects of sector regulation on innovation in telecommunications and related information industries. A typology of innovation processes in ICT industries...
Persistent link: https://www.econbiz.de/10009567568
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating AR-GARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and...
Persistent link: https://www.econbiz.de/10013135018
This paper presents a model of competition between an incumbent and an entrant firm in telecommunications. The entrant has the option to enter the market with or without having preliminary invested in its own infrastructure; in case of facility based entry, the entrant has also the option to...
Persistent link: https://www.econbiz.de/10013138681
Communications networks are undergoing a transition from copper to fibre, from 2G and 3G to LTE and from switched to IP. Where ex ante regulation applies transition involves particular challenges and trade-offs that differ from those applying to relatively stable pre-existing infrastructure. The...
Persistent link: https://www.econbiz.de/10013074849
Since foreign social media sites have been banned, three Chinese social media sites, all listed at the New York Stock Exchange or NASDAQ, are thriving. Chinese social media are insulated from foreign competition at their domestic market. However doing business in China does not become easier for...
Persistent link: https://www.econbiz.de/10012958039