Investment in Broadband Infrastructure Under Local Deregulation: Evidence from the U.K. Broadband Market
CESifo, Munich, 2013
CESifo Working Paper No. 4277
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a 2008 reform. Controlling for initial conditions, first-difference estimates show that local deregulation increases local investment in infrastructure by both the incumbent and competitors.
Industrial Organisation
Empirical and Theoretical Methods