Spectrum Management and Regulation: Towards a Full-Fledged Market for Spectrum Bands?
AbstractThe increase in spectrum demand, which has occurred internationally in the last 10-15 years as a consequence of booming wireless communications, has placed considerable pressure on traditional regulatory arrangements for spectrum access and use. Regulators, especially in industrial countries, have taken a number of steps of remedial policy vis-`a-vis these difficulties, by increasing the share of spectrum made available for commercial use as well as by injecting some flexibility into command-and-control regulation. These are, however, steps of a temporary, palliative nature and do not make for a wider spectrum management reform. Starting from a discussion of the limitations of command-and-control regulation, this paper deals with the two main, alternative approaches which have been proposed: a (Coasian) market regime, and a commons regime. After taking sides in favour of the market regime, consideration is given to some implementation issues, and to a regulatory formula—called administrative incentive pricing—which could help ensure a smooth transition from command-and-control to market arrangements.
Download InfoIf 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.
Bibliographic InfoPaper provided by Macerata University, Department of Studies on Economic Development (DiSSE) in its series Working Papers with number 07-2007.
Date of creation: Apr 2007
Date of revision: Nov 2008
Spectrum management; Telecommunications policy; Administrative incentive pricing; Market mechanisms;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
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.:
- repec:reg:wpaper:377 is not listed on IDEAS
- repec:reg:wpaper:224 is not listed on IDEAS
- Hazlett, Thomas W, 1998. "Spectrum Flash Dance: Eli Noam's Proposal for "Open Access" to Radio Waves," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 41(2), pages 805-20, October.
- repec:reg:rpubli:224 is not listed on IDEAS
- Thomas W. Hazlett & Roberto E. MuÃ±oz, 2009. "A welfare analysis of spectrum allocation policies," RAND Journal of Economics, RAND Corporation, vol. 40(3), pages 424-454.
- Valletti, Tommaso M., 0. "Spectrum trading," Telecommunications Policy, Elsevier, Elsevier, vol. 25(10-11), pages 655-670, October.
- Noam, Eli, 1998. "Spectrum Auctions: Yesterday's Heresy, Today's Orthodoxy, Tomorrow's Anachronism. Taking the Next Step to Open Spectrum Access," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 41(2), pages 765-90, October.
- Hazlett, Thomas W., 2003. "Liberalizing US spectrum allocation," Telecommunications Policy, Elsevier, Elsevier, vol. 27(7), pages 485-499, August.
- Andrea Prat & Tommaso M. Valletti, 2001. "Spectrum Auctious Versus Beauty Contests: Costs and Benefits," Rivista di Politica Economica, SIPI Spa, SIPI Spa, vol. 91(4), pages 65-114, April-May.
- Bykowsky, Mark, 2003. "A secondary market for the trading of spectrum: promoting market liquidity," Telecommunications Policy, Elsevier, Elsevier, vol. 27(7), pages 533-541, August.
- Farquhar, Michele C. & Fitzgerald, Ari Q., 2003. "Legal and regulatory issues regarding spectrum rights trading," Telecommunications Policy, Elsevier, Elsevier, vol. 27(7), pages 527-532, August.
- JÃ©rome Adda & Marco Ottaviani, 2005. "The transition to digital television," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 20(41), pages 160-209, 01.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlo Sampaoli).
If references are entirely missing, you can add them using this form.