Title
Competition and investment in telecommunications: Does competition have the same impact on investment by private and state-owned firms?
Abstract
The liberalization of telecommunications is largely based on the premise that increasing competition will encourage investment. The hypothesis that liberalization promotes investment has received the most empirical support in recent research. However, a key question that has been largely ignored in the literature is whether competition has the same impact on investment by private and state-owned firms. We conduct an empirical study of the infrastructure investment of 20 incumbent telecommunications operators in OECD countries between 1994 and 2008, and we conclude that greater competitive pressure fosters infrastructure investment by state-owned incumbents but reduces investment by private incumbents. (C) 2013 Elsevier B.V. All rights reserved.
Year
DOI
Venue
2013
10.1016/j.infoecopol.2013.02.001
Information Economics and Policy
Keywords
Field
DocType
L22,L43,L51,L96
Separately managed account,Economics,Telecommunications,Foreign direct investment,Microeconomics,Umbrella fund,Empirical research,Market economy,Investment strategy,Premise,Open-ended investment company,Liberalization,Industrial organization
Journal
Volume
Issue
ISSN
25
1
0167-6245
Citations 
PageRank 
References 
1
0.48
2
Authors
5
Name
Order
Citations
PageRank
Romain Lestage110.48
David Flacher210.48
Yeonbae Kim3303.32
Jihwan Kim419735.10
Yunhee Kim5464.66