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2015-12

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cc-by-nc-nd (c) Elsevier B.V., 2015
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/110765

The telecommunications industry and economic growth: How the market structure matters

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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.

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https://doi.org/10.1016/j.econmod.2015.09.004

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Telecomunicació, Creixement econòmic, Mercat financer

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Telecommunication, Economic growth, Financial market

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Articles publicats en revistes (Economia)

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JERBASHIAN, Vahagn. The telecommunications industry and economic growth: How the market structure matters. Economic Modelling. 2015. Vol. 51, num. December, pags. 515-523. ISSN 0264-9993. [consulted: 9 of October of 2026]. Available at: https://hdl.handle.net/2445/110765

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