This paper analyses the determinants of aggregate per-capita investments into the telecom sector. We provide results of panel
econometric estimates for EU and OECD countries covering the period from 2005 to 2013. The findings show a positive effect
of infrastructure-based competition between xDSL broadband and cable-TV broadband subscriptions on investments. We use cross-country
variance in open access regulations to examine their effect on investments and find a negative effect for bitstream regulations.
The regression results are used to assess the magnitude of these factors, thereby providing valuable inputs to the policy
debate on broadband promotion.
Research group:Industrial Economics, Innovation and International Competition