Public Policies and Investment in Network Infrastructure:
How can public policy influence investment in infrastructure in network industries? Network industries rely mainly on fixed networks to deliver services, with investment being lumpy and largely irreversible. As a result, public policies - such as public provision, the introduction of competition and...
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| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
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Paris
OECD Publishing
2011
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| Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 Volltext |
| Zusammenfassung: | How can public policy influence investment in infrastructure in network industries? Network industries rely mainly on fixed networks to deliver services, with investment being lumpy and largely irreversible. As a result, public policies - such as public provision, the introduction of competition and the regulatory environment - can potentially have an important impact on investment behaviour, with the net effect depending on the extent that policies boost socially-productive investment or reduce inefficient investment. Drawing on responses to a unique questionnaire assessing public policy in the network sectors, the information in this paper presents a systematic picture of relevant policies in place across OECD countries. Econometric analysis - both at the sectoral and firm level - finds that public policies can have significant quantitative effects. In particular, the introduction of competitive pressures through the reduction of barriers to entry and the combination of regulator independence and incentive regulation can promote investment in the sector |
| Beschreibung: | 1 Online-Ressource (23 Seiten) 21 x 28cm |
| DOI: | 10.1787/eco_studies-2011-5kg51mlvk6r6 |
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Datensatz im Suchindex
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| spelling | Sutherland, Douglas Verfasser aut Public Policies and Investment in Network Infrastructure Douglas Sutherland ... [et al] Paris OECD Publishing 2011 1 Online-Ressource (23 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier How can public policy influence investment in infrastructure in network industries? Network industries rely mainly on fixed networks to deliver services, with investment being lumpy and largely irreversible. As a result, public policies - such as public provision, the introduction of competition and the regulatory environment - can potentially have an important impact on investment behaviour, with the net effect depending on the extent that policies boost socially-productive investment or reduce inefficient investment. Drawing on responses to a unique questionnaire assessing public policy in the network sectors, the information in this paper presents a systematic picture of relevant policies in place across OECD countries. Econometric analysis - both at the sectoral and firm level - finds that public policies can have significant quantitative effects. In particular, the introduction of competitive pressures through the reduction of barriers to entry and the combination of regulator independence and incentive regulation can promote investment in the sector Economics Araújo, Sónia ctb Égert, Balázs ctb Kozluk, Tomasz ctb https://doi.org/10.1787/eco_studies-2011-5kg51mlvk6r6 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Sutherland, Douglas Public Policies and Investment in Network Infrastructure Economics |
| title | Public Policies and Investment in Network Infrastructure |
| title_auth | Public Policies and Investment in Network Infrastructure |
| title_exact_search | Public Policies and Investment in Network Infrastructure |
| title_exact_search_txtP | Public Policies and Investment in Network Infrastructure |
| title_full | Public Policies and Investment in Network Infrastructure Douglas Sutherland ... [et al] |
| title_fullStr | Public Policies and Investment in Network Infrastructure Douglas Sutherland ... [et al] |
| title_full_unstemmed | Public Policies and Investment in Network Infrastructure Douglas Sutherland ... [et al] |
| title_short | Public Policies and Investment in Network Infrastructure |
| title_sort | public policies and investment in network infrastructure |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/eco_studies-2011-5kg51mlvk6r6 |
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