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- W280488435 abstract "Fibre-deployment of next-generation communications networks is currently a major challengefor investing firms as well as for national regulators and is also subject to hot debates at EUlevel. This work examines the role of regulatory policies and competition controlling for relevantsupply and demand side factors. Our econometric model employs dynamic panel data methodsthat take into account potential endogeneity due to omitted heterogeneity, reverse causalityand the dynamic investment specification.Our results indicate that relevant forms of previous broadband access regulations havehad a negative impact on investment in new infrastructure. Furthermore, infrastructure-basedcompetition from mobile operators and the replacement effect stemming from the incumbents’existing infrastructure exert a negative impact on ex ante investment incentives. As regards thedynamics of the adjustment process, we find that there are both short-term and long-termeffects towards the desired infrastructure level." @default.
- W280488435 created "2016-06-24" @default.
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- W280488435 date "2014-01-01" @default.
- W280488435 modified "2023-09-25" @default.
- W280488435 title "The Impact of Regulation and Competition on the Migration from Old to New Communications Infrastructure: Recent Evidence from EU27 Member States" @default.
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- W280488435 doi "https://doi.org/10.2139/ssrn.2523353" @default.
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