Advanced Search
MyIDEAS: Login

The implications of the liberalization in telecommunication markets for market structure and price policy: evidence from a small open economy

Contents:

Author Info

  • Antonios Georgopoulos
  • Kostas Karamanis
Registered author(s):

    Abstract

    This study analyses the impact of liberalization on market structure and pricing in the Greek telecommunication market from 1992 to 2005. The data refers to 44 of the most prominent companies of fixed telephony, mobile telephony and internet services and was compiled by means of interviews with the help of a questionnaire. Our descriptive analysis concluded that liberalization of the telecommunication market reduced its concentration degree, increased competition and induced price cuts. This conclusion is supported by other research studies concerning other countries of the EU, since Greece as an EU member country has also implemented the respective European policy in the specific industry. As far as the econometric level is concerned, we used panel Feasible Generalized Least Squares (FGLS). FGLS is an appropriate tool for samples such as our own, composed by intersectoral data that extend to more than one time periods, and without correlation between the unobserved effects and the interpretative variables. Our econometric research showed that both private ownership and specialized personnel in the commercial and technical sector seem to positively influence the companies’ market share. In turn, a large market share offers companies more freedom to cut down prices in their services. However, there is still considerable need for econometric research in this field.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://hdl.handle.net/10.1080/00036846.2010.505556
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Applied Economics.

    Volume (Year): 44 (2012)
    Issue (Month): 2 (January)
    Pages: 253-263

    as in new window
    Handle: RePEc:taf:applec:44:y:2012:i:2:p:253-263

    Contact details of provider:
    Web page: http://www.tandfonline.com/RAEC20

    Order Information:
    Web: http://www.tandfonline.com/pricing/journal/RAEC20

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:taf:applec:44:y:2012:i:2:p:253-263. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.