Lestage, Romain; Flacher, David; Kim, Yeonbae; Kim, Jihwan - In: Information Economics and Policy 25 (2013) 1, pp. 41-50
The liberalization of telecommunications is largely based on the premise that increasing competition will encourage … investment. The hypothesis that liberalization promotes investment has received the most empirical support in recent research … investment by private and state-owned firms. We conduct an empirical study of the infrastructure investment of 20 incumbent …