RT Journal Article
SR 00
A1 Elliott, Jonathan
A1 Houngbonon, Georges Vivien
A1 Ivaldi, Marc
A1 Scott, Paul T.
T1 Market Structure, Investment and Technical Efficiencies in Mobile Telecommunications
JF European Journal of Political Economy
YR 2024
FD 2024
K1 Market structure
K1 scale efficiency,
K1 antitrust policy
K1 infrastructure
K1 endogenous
K1 quality
K1 queuing, mobile telecommunications
AB We develop a model of competition in prices and infrastructure among mobile network operators. Although consolidation increases market power, it can lead to more efficient data transmission due to economies of scale, which we derive from physical principles.  After estimating our model with French consumer and infrastructure data, equilibrium simulations reveal that while prices decrease with the number of firms, so do download speeds. Our framework also allows us to quantify the impact of spectrum allocation. The marginal social value of spectrum exceeds firms’ willingness to pay in our model as well as observed prices in spectrum auctions.
PB Elsevier
SN 0176-2680
LK https://publications.ut-capitole.fr/id/eprint/49504/
UL http://tse-fr.eu/pub/129445