| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12054 |
| DP12054 Evaluating Market Consolidation in Mobile Communications | |
| Christos Genakos; Tommaso Valletti; Frank Verboven | |
| 发表日期 | 2017-05-19 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document that more concentrated markets lead to higher end user prices. Furthermore, they also lead to higher investment per mobile operator, though the impact on total investment is not conclusive. Our findings are not only relevant for the current consolidation wave in the telecommunications industry. More generally, they stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects and efficiency gains stemming from agreements between firms. |
| 主题 | Industrial Organization |
| 关键词 | Mobile telecommunications Market structure Prices Investments Mergers |
| URL | https://cepr.org/publications/dp12054 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540865 |
| 推荐引用方式 GB/T 7714 | Christos Genakos,Tommaso Valletti,Frank Verboven. DP12054 Evaluating Market Consolidation in Mobile Communications. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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