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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.
The Scandinavian Journal of Economics – Wiley
Published: Jul 1, 2017
Keywords: ; ; ; ;
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