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This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a...
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subsectors. A stricter regulation in terms of one fewer approved application in each local market corresponds to an annual … restrictive entry regulation limits the role of entry and exit in local market dynamics and productivity growth. -- Retail trade … ; regulation ; imperfect competition ; dynamic structural model ; productivity decomposition. …
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-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
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In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
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