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Competition in Vertically Integrated Industries: Telecom Industry Example

Student: Kondratyuk Sergey

Supervisor: Andrei Dementiev

Faculty: International College of Economics and Finance

Educational Programme: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Final Grade: 8

Year of Graduation: 2016

This paper investigates the mobile telecommunications market of Uzbekistan with a public vertically integrated producer by using panel data econometrics. The analysis covers investigation of the market structure, prices and welfare parameters including estimation of the effect of possible partial privatization of the VIP. It shows that current prices are below the ”fair” ones, which generates additional social surplus, and that partial privatization is likely to have a negative effect on the social surplus.

Full text (added June 15, 2016)

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