Advanced Search
MyIDEAS: Login to save this paper or follow this series

How many ladders of investment?

Contents:

Author Info

  • Herrera-González, Fernando
Registered author(s):

    Abstract

    The ladder of investment is a regulatory approach that has been used by European National Regulatory Authorities (NRAs), in order to foster infrastructure competition among operators. the idea is to force incumbent operators to open several levels of access to their network in such a way that alternative operators may climb up the ladder, using more of his own infrastructure, and thus decreasing their reliance on the wholesale products of the incumbent operator. In order to market their own services, the alternative operator has to complement the wholesale resources acquired from the incumbent operator in regulated conditions. In principle, these complementary resources should be acquired in commercial conditions, but this is not always the case. For example, the alternative operator may use some physical space in the incumbent's premises to deploy their equipment, or rely on capacity services delivered by the incumbent operator in regulated conditions in order to reach specific geographical points. This suggests that analysing the degree of advance just in the main ladder of investment could suppose a gross underestimation of the reals degree of alternative infrastructure deployment by alternative operators. In this paper, we provide a theoretical explanation for this phenomenon with the help of the theory of the discovery market process and the theory of capital, as proposed by the Austrian School of Economics. The situation of the identified ladders of investment is assessed for the Spanish market, and some conclusions are drawn and applied in the form of policy recommendations for the NGN ladder of investment. --

    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://econstor.eu/bitstream/10419/52148/1/672479826.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by International Telecommunications Society (ITS) in its series 22nd European Regional ITS Conference, Budapest 2011: Innovative ICT Applications - Emerging Regulatory, Economic and Policy Issues with number 52148.

    as in new window
    Length:
    Date of creation: 2011
    Date of revision:
    Handle: RePEc:zbw:itse11:52148

    Contact details of provider:
    Web page: http://www.itseurope.org/

    Related research

    Keywords: Austrian School of Economics; discovery market process; complementarity; ladder of investment; capital structure; NGN;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    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.:
    as in new window
    1. M. Cave, 2004. "Remedies for broadband services," Competition and Regulation in Network Industries, Intersentia, Intersentia, vol. 5(1), pages 23-50, September.
    Full references (including those not matched with items on IDEAS)

    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:zbw:itse11:52148. 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: (ZBW - German National Library of Economics).

    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.