全球智库信息集成服务系统(G2TT): DP14770 Horizontal cooperation on investment: Evidence from mobile network sharing

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP14770
	DP14770 Horizontal cooperation on investment: Evidence from mobile network sharing
	Anca Cojoc; Marc Ivaldi; Frank Maier-Rigaud; Oliver März
发表日期	2020-05-16
出版年	2020
语种	英语
摘要	We present a structural model to investigate the effects of horizontal cooperation on investment in the context of telecommunication networks. More specifically, we estimate the effect of network sharing in the mobile telecommunications industry on prices, network quality and consumer welfare. The presented framework allows estimating the effects of different types of sharing agreements including common ownership of shared assets in a joint venture company or collaboration via geographical separation (geo-split principle). The proposed identification strategy relies on differences in the costs of network deployment of shared versus non-shared network infrastructure, with different costs affecting operators’ optimal choice of price and network quality. We apply the structural model to estimate the effects of a network sharing agreement in the Czech Republic, using a combination of unique datasets on prices, network quality measured as average download speed and operator’s costs of network deployment. The results of our model indicate that horizontal cooperation on investments may be beneficial for consumers. Specifically, the network sharing agreement under study generated cost savings for the sharing parties, which were passed-on to consumers in the form of lower prices and higher average download speed. Our findings are of relevance to the assessment of network sharing agreements, which, considering the substantial investment cost associated with the 5G technology, are likely to play an even greater role in the telecommunications industry in the future. The findings are also of relevance to the general literature on horizontal cooperation on investments.
主题	Industrial Organization
URL	https://cepr.org/publications/dp14770
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/543698
推荐引用方式 GB/T 7714	Anca Cojoc,Marc Ivaldi,Frank Maier-Rigaud,et al. DP14770 Horizontal cooperation on investment: Evidence from mobile network sharing. 2020.