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dc.contributor.authorGrajek, Michałen_US
dc.contributor.authorRöller, Lars-Hendriken_US
dc.date.accessioned2009-08-31en_US
dc.date.accessioned2010-08-26T11:57:17Z-
dc.date.available2010-08-26T11:57:17Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/39322-
dc.description.abstractWe provide evidence of an inherent trade-off between access regulation and investment incentives in telecommunications by using a comprehensive data set covering 70+ fixed-line operators in 20 countries over 10 years. Our econometric model accommodates: different investment incentives for incumbents and entrants; a strategic interaction of entrants' and incumbents' investments; and endogenous regulation. We find access regulation to negatively affect both total industry and individual carrier investment. Thus promoting market entry by means of regulated access undermines incentives to invest in facilities-based competition. Moreover, we find evidence of a regulatory commitment problem: higher incumbents' investments encourage provision of regulated access.en_US
dc.language.isoengen_US
dc.publisherSFB 649, Economic Risk Berlinen_US
dc.relation.ispartofseriesSFB 649 discussion paper 2009,039en_US
dc.subject.jelC51en_US
dc.subject.jelL59en_US
dc.subject.jelL96en_US
dc.subject.ddc330en_US
dc.subject.keywordTelecommunicationsen_US
dc.subject.keywordaccess regulationen_US
dc.subject.keywordunbundlingen_US
dc.subject.keywordinvestmenten_US
dc.subject.stwTelekommunikationen_US
dc.subject.stwNetzzugangen_US
dc.subject.stwUnternehmensentflechtungen_US
dc.subject.stwInvestitionen_US
dc.subject.stwÖkonomischer Anreizen_US
dc.subject.stwTelekommunikationsinfrastrukturen_US
dc.subject.stwTelekommunikationspolitiken_US
dc.subject.stwWelten_US
dc.titleRegulation and investment in network industries: Evidence from European telecomsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn607925094en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:SFB 649 Discussion Papers, HU Berlin

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