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This paper investigates infrastructure investment in markets where regulation is subject to varying degrees of … manipulation by elected politicians. Based on a model of price regulation in a market with increasing demand and long-term returns … made independent of future political manipulation. Independency of regulation thus decreases efficiency and consumer …
Persistent link: https://www.econbiz.de/10013084993
This paper investigates infrastructure investment in markets where regulation is subject to varying degrees of … manipulation by elected politicians. Based on a model of price regulation in a market with increasing demand and long-term returns … made independent of future political manipulation. Independency of regulation thus decreases efficiency and consumer …
Persistent link: https://www.econbiz.de/10010326457
This paper investigates infrastructure investment in markets where regulation is subject to varying degrees of … manipulation by elected politicians. Based on a model of price regulation in a market with increasing demand and long-term returns … made independent of future political manipulation. Independency of regulation thus decreases efficiency and consumer …
Persistent link: https://www.econbiz.de/10011257092
This study was prepared by Nadine Fabritz while she was working at the Ifo Institute for Economic Research in the Department for Human Capital and Innovation. It was completed in June 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in October...
Persistent link: https://www.econbiz.de/10011742893
, deregulatory policies including soft regulation are the dominant policy in “black” areas, where several independent infrastructure …
Persistent link: https://www.econbiz.de/10010462525
Broadband internet expansion is a topic of widespread discussion in Germany right now. But the country still has not met its own targets. Almost 100 percent of households are supplied with broadband connections with up to six megabits per second, yet Germany has lots of room to catch up when it...
Persistent link: https://www.econbiz.de/10011863537
Fibre-deployment of next-generation communications networks is currently a major challenge for investing firms as well as for national regulators and is also subject to hot debates at EU level. This work examines the role of regulatory policies and competition controlling for relevant supply and...
Persistent link: https://www.econbiz.de/10010424793
Persistent link: https://www.econbiz.de/10014550411
We analyze the impact of mandatory access on the infrastructure iinvestments of two competing communications networks, and show that for low (high) access charges firms wait (preempt each other). Contrary to previous results, under preemption a higher access charge can delay first investment....
Persistent link: https://www.econbiz.de/10012725938
the reforms. Democracy facilitates the actions of interest groups …
Persistent link: https://www.econbiz.de/10014066370