 What drives investment in the telecommunications sector? Some lessons from the OECD countriesJohn M. Paleologos and Michael Polemis () Economic Modelling, 2013, vol. 31, issue C, 49-57 Abstract: Regulation of telecommunications sector plays a crucial role in the political and economic agenda for both industrial and developing countries. The regulatory efforts of more developing countries in order to attract investments and enhance the level of effective competition in the industry are hindered by the absence of a sound legal framework, the weak level of regulation and the extended state interventionism. The main aim of this study is to examine the regulatory process in the telecommunications industry within the OECD countries and determine the extent to which it has affected the level of investment and economic growth. For this purpose, we use an updated data set for thirty OECD countries covering the period 1988–2010 and panel data econometric techniques. Our analysis reveals that there is a strong and positive relationship between effective regulation and investment. Keywords: Investment; Regulation; Effective competition; OECD countries; Telecommunications industry (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:31:y:2013:i:c:p:49-57 DOI: 10.1016/j.econmod.2012.11.038 Access Statistics for this article Economic Modelling is currently edited by S. Hall and P. Pauly More articles in Economic Modelling from Elsevier |
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