Actual and potential competition in international telecommunications

Pearcy, Jason; Savage, Scott

doi:10.1016/j.ijindorg.2015.07.006

Cited by 2 publications

(2 citation statements)

References 24 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Notably, a body of empirical studies, leaning on vast statistics and quasi-experimental data, demonstrated that oligopolistic markets work better in transportation (Graham, 1998;Hurdle et al, 1989;Langridge & Sealey, 2000;Lukyanov et al, 2018), finance (Carow, 2001;Chen & Tanaka, 2018;Cruz-Garc ıa et al, 2018;Dickens & Philippatos, 1994;Mulyaningsih et al, 2016;Mulyaningsih et al, 2015), and telecommunication (Pearcy & Savage, 2015;Trubnikov, 2020). Summing up the key findings of the papers as mentioned above, the following claim can be advocated: self-regulation of markets with naturally growing entry barriers appears to bring better general equilibrium for the market than imposed antitrust regulation.…”

Section: Contestable Market Theory: a Different Perspective Of Competitionmentioning

confidence: 99%

“…Graham (1998), Langridge and Sealey (2000), Morrison and Winston (1987) conducted similar research on other oligopolistic markets. More recent studies examine the banking, insurance, and telecommunication sectors by testing a naturally established equilibrium with a high concentration of professional actors on the market (see Chen & Tanaka, 2018;Huang & Liu, 2014;Pearcy & Savage, 2015).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Testing the contestable market theory in eSports

Parshakov

Shakina

Barajas

2021

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

This article contributes to the development of contestable market theory by investigating how competitiveness in the eSports industry influences the size of this industry, as measured by the volume of monetary prizes. We use data on each gamer's prize earnings for each tournament from 1999 to 2015 to estimate panel vector autoregression (V.A.R.) model with fixed effects. The main finding is that competition does not increase industry size. This result confirms the hypothesis from the contestable market theory that perfect competition does not always facilitate better development, especially in industries where natural barriers result in a small number of leading firms or teams.

show abstract

Section: Contestable Market Theory: a Different Perspective Of Competitionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Testing the contestable market theory in eSports

Parshakov

Shakina

Barajas

2021

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

show abstract

Entry threat, entry delay, and Internet speed: The timing of the U.S. broadband rollout

Wilson

Xiao

Orazem

2020

Economics Manag Strategy

View full text Add to dashboard Cite

In a rapidly growing industry, potential entrants strategically choose which local markets to enter. Facing the threat of additional entrants, a potential entrant may lower its expectation of future profits and delay entry into a local market, or it may accelerate entry due to preemptive motives. Using the evolution of local market structures of broadband Internet service providers from 1999 to 2007, we find that the former effect dominates the latter after allowing for spatial correlation across markets and accounting for endogenous market structure. On average, it takes 2 years longer for threatened markets to receive their first broadband entrant. Moreover, this entry delay has long‐run negative implications for the divergence of the U.S. broadband infrastructure: 1 year of entry delay translates into an 11% decrease on average present‐day download speeds.

show abstract

Actual and potential competition in international telecommunications

Cited by 2 publications

References 24 publications

Testing the contestable market theory in eSports

Testing the contestable market theory in eSports

Entry threat, entry delay, and Internet speed: The timing of the U.S. broadband rollout

Contact Info

Product

Resources

About