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This paper assesses the integration strategy of the European Union in regulated network markets. The paper argues that in these markets integration should not be an end in itself. In regulated markets the conventional gains from trade or freedom of establishment may be outweighed by significant...
Persistent link: https://www.econbiz.de/10012728944
Using the Bureau of Labor Statistics' (“BLS”) data on industry employment, I quantify the effect on telecommunications jobs of the Obama Administration's regulatory revival in telecommunications using the difference-in-differences (“DiD”) estimator. I find that over the period 2010-2016,...
Persistent link: https://www.econbiz.de/10012953900
Better regulation is intended to serve as a framework to increase economic competitiveness, ensuring that legislation and rules imposed by all levels of government are proportionate and will help deliver more jobs and economic growth. Legislation and regulations at all levels which might have a...
Persistent link: https://www.econbiz.de/10014197662
Using an efficiency-based framework, this paper analyses the performance of New Zealand's telecommunications sector under competition law-based sector governance (the period from 1987 to 2001) and under industry-specific regulation (2001 to 2007). The framework considers the productive,...
Persistent link: https://www.econbiz.de/10014215707
In this paper we study how the coexistence of access regulations for legacy (copper)and fiber networks shapes the incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by incumbent telecom operators and heterogeneous entrants...
Persistent link: https://www.econbiz.de/10011687904
In this paper, we study how the coexistence of access regulations for legacy (copper) and fiber networks shapes the incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by incumbent telecom operators and heterogeneous...
Persistent link: https://www.econbiz.de/10011774721
In this paper we study how the coexistence of access regulations for legacy (copper) and fiber networks shapes the incentives to invest in network infrastructure. To this end, we develop a theoretical model explaining investment incentives by incumbent telecom operators and heterogeneous...
Persistent link: https://www.econbiz.de/10011640580
This paper analyzes how competition works in mobile telecommuncations markets and, bases on this analysis, we discuss whether regulatory intervention in mobile telephone markets is justified from an economic perspective. Starting point of our analysis is the observation that an evaluation of...
Persistent link: https://www.econbiz.de/10010263392
A mandatory open-network-provision (ONP) by dominant firms is the appropriate government regulation in the presence of network externalities. For basic telephone services and online services, a permanent ONP regulation seems indispensable, whereas telecommunication networks only require...
Persistent link: https://www.econbiz.de/10010265333
The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
Persistent link: https://www.econbiz.de/10003854388