Dewenter, Ralf; Kruse, Jörn - 2005
mobile telephony, using data on 84 countries from all over the world. Since the decision whether or not countries are likely … to switch from RPP to CPP is not independent from penetration rates, a problem of endogenous regulation arises. In order … decisions. However, positive effects from regime switching seem to vanish when accounting for endogenous regulation. The effects …