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Working Paper Series, School of Economics and Finance, Queen Mary, University of London >
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http://hdl.handle.net/10419/62808
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| Title: | | Natural or unnatural monopolies in UK telecommunications?  |
| Authors: | | Correa, Lisa |
| Issue Date: | | 2003 |
| Series/Report no.: | | Working Paper, Department of Economics, Queen Mary, University of London 501 |
| Abstract: | | This paper analyses whether scale economies exists in the UK telecommunications industry. The approach employed differs from other UK studies in that panel data for a range of companies is used. This increases the number of observations and thus allows potentially for more robust tests for global subadditivity of the cost function. The main findings from the study reveal that although the results need to be treated with some caution allowing/encouraging infrastructure competition in the local loop may result in substantial cost savings |
| Subjects: | | Telecommunications, Regulation, Monopoly, Cost functions, Scale economies, Subadditivity |
| JEL: | | D42 L11 L12 L51 L96 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Paper Series, School of Economics and Finance, Queen Mary, University of London
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