Showing 1 - 9 of 9
In this paper we study the effects of the changes in the level of product market regulation on the industry …&D budgets and EPO patent applications from IEA and Eurostat Databases and indexes of market regulation conditions from OECD, in … of market regulation intensity is based on the aggregation of three factors that capture respectively entry barriers …
Persistent link: https://www.econbiz.de/10011148658
We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that incorporates two key institutional features of the public utilities sector in many countries: firms are partially owned by the state and regulators are not necessarily...
Persistent link: https://www.econbiz.de/10009209829
structures. The investment return in terms of demand increase is uncertain. We compare the impact of different access regulation … regimes – full regulation, partial regulation (only the copper network is regulated), risk sharing – on investment incentives …
Persistent link: https://www.econbiz.de/10010595118
price regulation regimes - full regulation, partial regulation (only the copper network is regulated), risk sharing - on … partial regulation and exclusion does not necessarily happen in equilibrium even if the incumbent has more ability than the …
Persistent link: https://www.econbiz.de/10010555872
This paper presents a model of competition between an incumbent firm and an Other Licensed Operator (OLO) in the broadband market, where the incumbent has an investment option to build a Next Generation network (NGN) and it can do so by making an investment sharing agreement with the OLO, or...
Persistent link: https://www.econbiz.de/10010943061
price review signaled a tightening in regulation which is shown to have led to a significant reduction in technical … inefficiency. The new economic environment set by price-cap regulation acted to bring inputs closer to their cost-minimizing levels …
Persistent link: https://www.econbiz.de/10005432491
Italy is one of the OECD countries with the highest regulation in the different economy sectors. The recent measures …
Persistent link: https://www.econbiz.de/10005109548
Persistent link: https://www.econbiz.de/10005701858
Numerous proposals have been made for separation in the telecommunications sector, some of which have been implemented, including the break-up of the Bell system in the 1980s and the widespread implementation of accounting separation. In recent years, attention has been focussed on operational...
Persistent link: https://www.econbiz.de/10005623546