Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/110765
Title: The telecommunications industry and economic growth: How the market structure matters
Author: Jerbashian, Vahagn
Keywords: Telecomunicació
Creixement econòmic
Mercat financer
Telecommunication
Economic growth
Financial market
Issue Date: Dec-2015
Publisher: Elsevier B.V.
Abstract: This paper presents an endogenous growth model where the telecommunications industry is the engine of growth. In such a framework, it analyzes how the market structure of the telecommunications industry can matter for its contribution to long-run growth. It shows that policies which increase the number of firms and/or toughen competition imply higher innovative effort in the telecommunications industry and strengthen its contribution. Modeling entry into the telecommunications industry, this paper also shows that the entry either stops after a number of firms have entered or continues permanently. In the long-run, it is socially optimal to have permanent entry. This can necessitate subsidies to entry into the telecommunications industry.
Note: Versió postprint del document publicat a: https://doi.org/10.1016/j.econmod.2015.09.004
It is part of: Economic Modelling, 2015, vol. 51, num. December, p. 515-523
Related resource: https://doi.org/10.1016/j.econmod.2015.09.004
URI: http://hdl.handle.net/2445/110765
ISSN: 0264-9993
Appears in Collections:Articles publicats en revistes (Economia)

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