Investment in Broadband Infrastructure Under Local Deregulation: Evidence from the U.K. Broadband Market
CESifo, Munich, 2013
CESifo Working Paper No. 4277
![](https://cesifo.org/DocImg/cesifo1_wp4277.jpg?c=1689237154)
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a 2008 reform. Controlling for initial conditions, first-difference estimates show that local deregulation increases local investment in infrastructure by both the incumbent and competitors.
Industrial Organisation
Empirical and Theoretical Methods