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...
Gespeichert in:
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| Weitere Verfasser: | , , |
| Format: | Elektronisch Artikel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2011
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| Online-Zugang: | 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 p.) 21 x 28cm. |
| DOI: | 10.1787/eco_studies-2011-5kg51mlvk6r6 |
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| 520 | |a 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. | ||
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| indexdate | 2024-11-26T14:56:13Z |
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| spelling | Sutherland, Douglas VerfasserIn aut Public Policies and Investment in Network Infrastructure Douglas, Sutherland ... [et al] Paris OECD Publishing 2011 1 Online-Ressource (23 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource 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 MitwirkendeR ctb Égert, Balázs MitwirkendeR ctb Kozluk, Tomasz MitwirkendeR ctb Enthalten in OECD Journal: Economic Studies Vol. 2011, no. 1, p. 1-23 volume:2011 year:2011 number:1 pages:1-23 FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/eco_studies-2011-5kg51mlvk6r6 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_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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