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The Impact of Telecommunication Technologies on Competition in Services and Goods Markets: Empirical Evidence |
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| Authors: | Vahagn Jerbashian Anna Kochanova |
| Institution: | 1. University of Barcelona, 08034 Barcelona, SpainAlso affiliated with CERGE‐EI, a joint workplace of Charles University in Prague and the Economics Institute of the Czech Academy of Sciences, Prague, Czech Republic.;2. Max Planck Institute for Research on Collective Goods, DE‐53113 Bonn, Germany |
| Abstract: | 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. |
| Keywords: | Product market competition telecommunication technologies L16 O25 O33 |