کد مقاله کد نشریه سال انتشار مقاله انگلیسی ترجمه فارسی نسخه تمام متن
556397 1365482 2016 14 صفحه PDF سفارش دهید دانلود رایگان
عنوان انگلیسی مقاله ISI
Facility- and service-based competition and investment in fixed broadband networks: Lessons from a decade of access regulations in the European Union member states
ترجمه فارسی عنوان
رقابت مبتنی بر خدمات و امکانات و سرمایه گذاری در شبکه های پهن باند ثابت: درس‌هایی از یک دهه از مقررات دسترسی در کشورهای عضو اتحادیه اروپا
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کلمات کلیدی
پویایی‌های سرمایه گذاری؛ مقررات؛ رقابت مبتنی بر خدمات ؛ رقابت مبتنی بر امکانات ؛ اثرات استراتژیک
موضوعات مرتبط
مهندسی و علوم پایه مهندسی کامپیوتر سیستم های اطلاعاتی
چکیده انگلیسی


• Analysis on the impact of service- and facility-based competition.
• Analysis of strategic firm level effects underlying investment decisions.
• Modeling firm level investment dynamics.
• EU firm-level panel data of incumbent and entrant firms for the decade from 2003 to 2012.

This paper employs firm-level panel data of 57 incumbent and entrant firms for 23 European countries in the decade from 2003 to 2012. We examine the impact of service- and facility-based competition on firm-level investment as well as the strategic effects underlying infrastructure investment decisions. At the same time we explicitly model the structural dynamics of broadband investment by means of a flexible accelerator model. The empirical specification employs dynamic panel estimation techniques which allow us to account for various sources of endogeneity. We find that facility-based competition exerts a positive and significant impact on both incumbents and entrants implying that incumbents’ and entrants’ investment decisions are strategic complements. Moreover, we find that intermodal competition in terms of fixed-mobile substitution exerts different effects at the firm level. Finally, we show that service-based competition appears to have no significant impact on the investment decision of incumbents and entrants. However, with respect to the later phase of market liberalization, service-based competition exerts a negative impact on entrants’ investment. Our results thus also provide relevant policy guidance on the role of service-based competition in regulating emerging high-speed broadband infrastructure.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Telecommunications Policy - Volume 40, Issue 8, August 2016, Pages 729–742
نویسندگان
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