Please use this identifier to cite or link to this item:
Briglauer, Wolfgang
Camarda, Enrico Maria
Vogelsang, Ingo
Year of Publication: 
Series/Report no.: 
ZEW Discussion Papers No. 18-051
This paper examines the determinants of sector-specific regulation imposed on broadband markets related both to efficiency objectives of regulators and to those of narrowly defined interest groups. We test hypotheses derived from the normative and positive theoretical literature employing recent panel data on 27 European Union member states taking into account endogeneity of the underlying regulation and market structure variables. Our empirical specification employs three different estimators based on instrumental variables in order to identify causal effects. We find evidence supporting both regulators pursuing normative objectives and inefficiencies related to regulatory path dependence, bureaucracy goals and an inadequate consideration of competition from mobile broadband networks. Our results call for adjustments in the institutional design of the decision making process under the current European Union regulatory framework.
broadband markets
"old" and "new" networks
EU regulatory framework
normative theory
positive theory
path dependence
EU panel data
Document Type: 
Working Paper

Files in This Item:
271.21 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.