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The Political Economy of Privatization and Competition: Cross-Country Evidence from the Telecommunications Sector

Colin Xu, Lixin; Li, Wei; Zhen-Wei Qiang, Christine - C.E.P.R. Discussion Papers - 2001

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

Market Entry and Roll-out With Product Differentiation

Levine, Paul L; Rickman, Neil; Tzavara, Dionisia - C.E.P.R. Discussion Papers - 2002

This Paper examines a general problem exemplified by post-auction (third generation ‘3G’) mobile telecommunications … appropriate to achieve desired levels of competition in such settings. …

Persistent link: https://www.econbiz.de/10005124418

Competition Enhancing Policies and Infrastructure: Evidence from Russia

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2001

government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we …

Persistent link: https://www.econbiz.de/10005504465

Acquisitions, Entry, and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim Ingemar - C.E.P.R. Discussion Papers - 2013

In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases innovation...

Persistent link: https://www.econbiz.de/10011083667

Deregulation of the European Banking Industry (1980-1991)

Gual, Jordi; Neven, Damien J - C.E.P.R. Discussion Papers - 1992

seems to be effective in triggering more intense price competition; as deregulation takes place, profits are reduced, cost …

Persistent link: https://www.econbiz.de/10005791625

Investment and Usage of New Technologies: Evidence from a Shared ATM Network

Degryse, Hans; Ferrari, Stijn; Verboven, Frank - C.E.P.R. Discussion Papers - 2007

When new technologies become available, it is not only essential that firms have the correct investment incentives, but often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network. Because all banks coordinate their ATM investment...

Persistent link: https://www.econbiz.de/10005662325

Using and Abusing Economic Theory

Klemperer, Paul - C.E.P.R. Discussion Papers - 2003

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

The Biggest Auction Ever: The Sale of the British 3G Telecom Licences

Binmore, Kenneth; Klemperer, Paul - C.E.P.R. Discussion Papers - 2002

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

How (Not) to Run Auctions: The European 3G Telecom Auctions

Klemperer, Paul - C.E.P.R. Discussion Papers - 2002

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

Computing Abuse Related Damages in the Case of New Entry: An Illustration for the Directory Enquiry Services Market

Martinez Granado, Maite; Siotis, Georges - C.E.P.R. Discussion Papers - 2006

) market to competition. In Spain, both local and foreign firms challenged the incumbent as of April 2003. The latter abused …

Persistent link: https://www.econbiz.de/10005666507