Rational Regulatory Policy for the Digital Economy: Theory and EU Policy Options
AbstractTelecommunications is a key element of the ICT sector which has been shaped by strong innovation dynamics since the 1990s. Market dynamics in OECD telecommunications markets are analyzed. We present new ideas about efficient regulation, emphasizing the need to adopt a broader international perspective. Analytical innovations also include the discussion of an adequately-modified Hitch-Sweezy oligopoly model. Moreover, we suggest differentiated two-part tariffs as an ideal welfare-maximizing approach in both wholesale and end-product markets. From a theoretical point-of-view, the need to avoid regulatory uncertainty is also emphasized. Theoretical progress is contrasted with regulations in the EU and the US. The EU offers a broad range of different regulatory approaches where the link between framework regulation and national regulation is rather complex. The internationalization of telecommunications requires a broader cooperation among regulators in the OECD.
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Bibliographic InfoPaper provided by Universitätsbibliothek Wuppertal, University Library in its series EIIW Discussion paper with number disbei146.
Length: 55 Pages
Date of creation: Oct 2006
Date of revision:
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Web page: http://elpub.bib.uni-wuppertal.de
Competition; Telecommunications; EU Integration; FCC; Regulation;
Find related papers by JEL classification:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
- F15 - International Economics - - Trade - - - Economic Integration
- L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
- K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ark, Bart van & Piatkowski, Marcin, 2004.
"Productivity, innovation and ICT in old and new Europe,"
GGDC Research Memorandum
200469, Groningen Growth and Development Centre, University of Groningen.
- Bart van Ark & Marcin Piatkowski, 2004. "Productivity, innovation and ICT in Old and New Europe," International Economics and Economic Policy, Springer, vol. 1(2), pages 215-246, January.
- Paul J.J. Welfens, 2006. "Digitale Innovationen, Neue Märkte und Telekomregulierung," EIIW Discussion paper disbei142, Universitätsbibliothek Wuppertal, University Library.
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