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Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive … telecommunications sector. We pay particular attention to how the effects of interest groups on policies vary from more democratic to …
Persistent link: https://www.econbiz.de/10005504478
Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the...
Persistent link: https://www.econbiz.de/10005498003
This paper reviews the part played by economists in organizing the British third-generation mobile-phone licence auction that concluded on 27 April 2000. It raised £22½ billion ($34 billion or 2½ % of GNP) and was widely described at the time as the biggest auction ever. We discuss the merits...
Persistent link: https://www.econbiz.de/10005661794
There were enormous differences in the revenues from the European ‘third generation’ (3G, or ‘MTS’) mobile-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the UK, though the values of the licences sold were similar. Poor auction designs in some...
Persistent link: https://www.econbiz.de/10005662052
A number of European countries, among which the UK and Spain, have opened up their Directory Enquiry Services (DQs) market to competition. In Spain, both local and foreign firms challenged the incumbent as of April 2003. The latter abused its dominant position by providing an inferior quality...
Persistent link: https://www.econbiz.de/10005666507
There is currently little knowledge on the consequences of diffusion of cellular technology on the incumbent fixed-link telephony service. We address this issue by estimation of diffusion curves for both technologies, allowing for potential cross-effects, using data from a small European...
Persistent link: https://www.econbiz.de/10005666813
motivating example is the 1996 Act in the United States which opens telecommunications markets to competition and contains a …
Persistent link: https://www.econbiz.de/10005792026
and political data to analyse both the determinants and the impact of telecommunications policies. We find that …
Persistent link: https://www.econbiz.de/10005792195
I suggest explanations for the apparently puzzling bidding in the year 2000 British and German 3G telecom auctions. Relative-performance maximisation may have been important, but the outcome of the British auction seems to have been efficient. This paper bundles my comments on two papers...
Persistent link: https://www.econbiz.de/10005123523
assesses whether the general principles need to be adapted when dealing with the telecommunications services industry. The …
Persistent link: https://www.econbiz.de/10005124009