A service provided by the WU Library and the WU IT-Services

Regulation and Investment in Next Generation Access Networks: Recent Evidence from the European Member States

Briglauer, Wolfgang and Ecker, Georg and Gugler, Klaus (2012) Regulation and Investment in Next Generation Access Networks: Recent Evidence from the European Member States. Working Papers / Research Institute for Regulatory Economics, 2012,1. Forschungsinstitut für Regulierungsökonomie, WU Vienna University of Economics and Business, Vienna.

[img]
Preview
PDF
Download (251Kb) | Preview

Abstract

Fibre-deployment of future telecommunications networks ("Next Generation Access" - NGA) is a major challenge for sector-specific regulators as well as for investing firms. Although the future socioeconomic importance of new telecommunications networks is uncontroversial, the related investment activities vary substantially in international comparison. This work identifies the most important determinants of NGA deployment, using data from the EU27 member states for the years 2005 to 2010. Our results indicate that stricter previous broadband access regulation has a negative impact on NGA deployment, while competitive pressure from broadband and mobile affects NGA deployment in an inverted U-shaped manner. We further find that there are severe adjustment costs and stickiness towards the desired long-term level of NGA infrastructure. It appears that the approach of the European Commission of strict cost-based access regulation will not elicit the huge new investment needed for a comprehensive NGA roll-out. (author's abstract)

Item Type: Paper
Keywords: Europäische Union / Telekommunikationswirtschaft / Lichtleitfaser / Investitionspolitik / Regulierung
Classification Codes: RVK QR 700, QR 300 ; JEL H5, L38, L43, L52
Divisions: Forschungsinstitute > Regulierungsökonomie
Depositing User: Dissertation Administrator
Date Deposited: 29 Feb 2012 13:45
Last Modified: 13 Apr 2012 05:13
URI: http://epub.wu.ac.at/id/eprint/3447

Actions

View Item Details