Solving Spectrum Gridlock: Reforms to Liberalize Radio Spectrum Management in Canada in the Face of Growing Scarcity

Canada lags other countries in solving the problem of spectrum scarcity amid rising demand driven by cellphones and other wireless products. In this study, the authors call for reforms to liberalize the allocation of spectrum in Canada with a market-based approach, to increase competition, for the benefit of consumers and other end users.Economic Growth and Innovation, radio spectrum, wireless technology, Industry Canada

Evaluating a mobile telecommunications merger in Portugal

This paper evaluates the impact of the proposed Optimus-TMN mobile telecommunications merger in Portugal. The results suggest that, if the merger would have taken place, the average market profit margin would have increased by 11.6 percentage points and the average market price would have increased by 3.8%. As a consequence, the average marginal cost would have decreased by 14.9%, and welfare would have increased by €163.3mn per year, a gain entirely captured by the producers. Moreover, the merger would have resulted in a large transfer of surplus from consumers to producers, to the tune of €99.5mn per year. The conclusion is that, while the merger could have been authorized on efficiency grounds, such authorization should have been accompanied by strict retail price-cap merger remedies.info:eu-repo/semantics/publishedVersio

Sobre la reestructuración, regulación y competencia en el sector de servicios públicos: experiencia del Reino Unido y sus implicaciones para América Latina

(Disponible en idioma inglés únicamente) Hay dos similitudes entre los programas de privatización de servicios públicos en el RU y América Latina. La privatización ha consistido principalmente en la transferencia al sector privado de compañías propiedad del Estado con posición dominante en su sector respectivo, a menudo con poderes monopólicos legales. Además, el uso extendido de una normativa basada en precios máximos en vez de la rentabilidad. Se puede sostener que una diferencia es que el RU trató de crear una política de regulación flexible estableciendo un conjunto de reguladores individuales del sector con cierta medida de independencia del gobierno con considerables poderes discrecionales.

The relationship between regulation and competition policy for network utilities

Should regulation of potentially competitive elements of network utilities be left with sector regulators or solely subject to normal competition laws? Britain evolved licenses for network activities overseen by regulators while the EU places more emphasis on making sector regulation consistent with competition law. The paper discusses the appropriateness of the competition law approach for telecoms and electricity. Post-modern utilities like telecoms, in which facilities-based competition is possible, lend themselves to the approach laid out in the Communications Directives, and its application to mobile call termination is discussed. Electricity, where collective dominance is more likely, does not fit comfortably into this approach. Instead, licence conditions retain advantages where it may be necessary to modify market rules in a timely and well-informed manner, as exemplified by the English Electricity Pool

Takeover laws and financial development

The issue of"an appropriate"legal framework, especially in the case of the takeover market, has been poorly studied in the case of emerging markets, yet it is of immediate relevance and practical policymaker interest. The study makes a first attempt to analyze takeover regulations in a comparative context across 50 countries. It proposes a methodology to create a detailed index on the most salient features of capital market laws, and illustrates the approach on the case of takeover legislation. The methodology allows better understanding of the impact of laws on markets and development, allows a detailed quantification of a given regulation, in this casetakeover market rules, and helps determine relevant policy implications. Specifically, the framework permits the exploration of the effects of individual regulations, their substitutability and interplay, as well as the overall extent of friendliness of the laws to investors, or particular groups thereof (such as minority shareholders), and the links of specialized regulation with the overall legal system. Finally, the study explores the effect of the investor-friendliness of takeover laws on stock market development.Corporate Law,Economic Theory&Research,Investment and Investment Climate,Markets and Market Access,Small Scale Enterprise

Global Microscope on the Microfinance Business Environment 2010: An Index and Study by the Economist Intelligence Unit

This report outlines the findings of the Economist Intelligence Unit¿s in-depth analysis of the microfi nance business environment in 54 countries. The index that underlies this report allows countries and regions to be compared across three broad categories: regulatory framework, institutional development and investment climate. The study uses a methodology which was originally developed for Latin America and the Caribbean in 2007 and was employed for the fi rst time on a global basis in 2009. Most of the research for this report was conducted prior to May 2010, although some later developments (up to July) were included where they were particularly signifi cant.Microbusinesses & Microfinance

Pricing strategies and competition in the mobile broadband market

This paper analyzes mobile broadband plan prices in 37 countries between 2011 and 2014. Mobile network operators typically commercialize usage-based plans that include an access fee, a usage allowance (number of GB included in the tariff plan), and a penalty system should consumers exceed the contracted allowance. Our empirical model shows that the prices of these plans are lower than those of unlimited contracts, and that they depend on the type of penalty that is used. The prices also reflect service characteristics, including the technology provided, the download speed, and telephone call allowances. Plans that bundle mobile broadband plans with smartphone devices have longer contract duration and may be more expensive than plans that only include a SIM card. Specifically, broadband service plans are priced higher when they include an iPhone or a Samsung smartphone. The paper also discusses the impact of market structure and entry regulation on prices

Evaluating the Impact of State Policies on Charter School Success

Since their inception in 1991, charter schools have become a widely-adopted school choice policy intended to increase educational outcomes through competition and innovation. The details of how states structure their charter school laws are diverse across states, which raises the question of whether certain law parameters are better than others at attracting and maintaining high-quality charter schools. Charter schools are designed around the basis of market accountability; they must attract students in order to remain in operation. The threat of closure is an incentive built into the charter model that is intended to increase school performance. For this reason, I define charter school success across states in terms of charter school closures, with the understanding that the closure rate should not be zero (indicating a lack of enforcement) but it should also not be too high (indicating poor authorizing practices). Charter school advocates have strong beliefs about which law parameters are most conducive to the health of a state’s charter environment. I chose two law components that are recommended by two prominent advocacy groups and examined their effect on state charter school closures. Contrary to the claims of the interest groups, I did not find that these parameters impacted charter school closings. Through a series of case studies, I further examined the advocacy groups’ policy preferences by comparing their state charter school law ranking systems. The findings of this project demonstrate that state policymakers are being pulled in different directions over policies that may actually have no real impact on charter school outcomes