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rural-urban milieu, but what is driving the investment of broadband Internet technologies in rural areas. We use recently … on industry investment and indicate the challenges rural communities have in obtaining and maintaining modern Internet …
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This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … find that technical progress, which increases the impact of investment on cost reduction, decreases the level of … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
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We reconcile conflicting evidence on the magnitude of the elasticity of substitution of land for capital, which is a …
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