This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH 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 company-specific...

This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating ARGARCH 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 company-specific...

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...

The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the Rest of the World as a control group. We find large and...

The appearance and spread of COVID-19 have accentuated the connectivity and digitization lag in Latin American and Caribbean countries. The lockdowns imposed to reduce the spread of the virus increased the demand for digital tools that would allow economic, educational, and social activities to...

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...

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign and domestic corporate retailers have entered sports retail. Sports goods manufacturing is a focus...

Economic theory suggests that gasoline retail markets are prone to collusive behavior. Oligopoly market structures prevail, market interactions occur frequently, prices are highly transparent, and demand is rather inelastic. A recent sector inquiry in Germany backed suspicions of tacit collusion...

An emergency, especially an epidemic or a pandemic, can be challenging for individuals and communities. Sudden and unpredictable situations, growing fears of health hazards, and psychological impact of deteriorating physical conditions and increasing number of deaths, can affect their...

In both developing and developed countries tourism is often regarded as an economic activity of immense significance creating thousands of jobs. However, calculations dealing with the economic nature of tourism are often derived from input-output models, which largely overstate its effects on...