The Impact of Telecommunication Technologies on Competition in Services and Goods Markets: Empirical Evidence

In this paper, we empirically show that a more intensive use and wider adoption of telecommunication technologies significantly increases the level of product market competition in services and goods markets. Our results are consistent with the view that the use of telecommunication technologies can...

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Published in:The Scandinavian journal of economics 2017-07, Vol.119 (3), p.628-655
Main Authors: Jerbashian, Vahagn, Kochanova, Anna
Format: Article
Language:English
Subjects:
Communications technology
Competition
Economic models
Indicadors tecnològics
Innovacions tecnològiques
L16
Markets
O25
O33
Product market competition
Specification
Technological innovations
Technology indicators
Telecommunication
telecommunication technologies
Telecommunications industry
Telecomunicació
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description In this paper, we empirically show that a more intensive use and wider adoption of telecommunication technologies significantly increases the level of product market competition in services and goods markets. Our results are consistent with the view that the use of telecommunication technologies can lower the costs of entry and search. These findings are robust to various measures of competition and a wide range of specification checks.
doi_str_mv 10.1111/sjoe.12183
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subjects Communications technology
Competition
Economic models
Indicadors tecnològics
Innovacions tecnològiques
L16
Markets
O25
O33
Product market competition
Specification
Technological innovations
Technology indicators
Telecommunication
telecommunication technologies
Telecommunications industry
Telecomunicació
title The Impact of Telecommunication Technologies on Competition in Services and Goods Markets: Empirical Evidence
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