Publication: Regulación Económica y Mercado en el Sector de las Telecomunicaciones. Telefónica: 1945–1965
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ISSN: 0212-6109
ISSN: 2041-3335 (online)
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2009
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Universidad Carlos III de Madrid. Instituto Figuerola de Historia Económica
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Abstract
Este artículo analiza el juego de las fuerzas de regulación y mercado en el sector telefònico español. Su objetivo es explorar los efectos combinados de la intersección entre regulación del monopolio, política econòmica y estrategias empresariales, estableciendo como hipótesis que las peculiaridades de la regulación incidieron decisivamente en el desarrollo de las redes y de los servicios. Cronològicamente, el estudio abarca las dos décadas comprendidas por la transición de la autarquía a los Planes de Estabilización y Desarrollo. En su doble aproximación oferta-demanda, el artículo cuantifica la inversión como expresión de la oferta y repasa las reglas del juego en las que se mueven esas dos fuerzas del mercado. Finalmente, estudia la situación de escasez a la que conduce esa intervención y explica la intervención en precios desde la óptica del balance entre el uso de la misma como elemento de política económica (estabilización) y el poder de negociación del sector. Las conclusiones se hacen eco del impacio de la regulación, subrayando sus aspectos complejos.
This article analyses the impact of market forces and regulation in the Spanish telephone sector. It aims to explore the combined effects of the intersection between regulation of the monopoly, economic policy and entrepreneurial strategies, and hypothesizes that the regulation had a decisive influence on the development of the networks and services. Chronologically, the study covers the two decades of the transition from autarky to the Stabilization and Development Plans. In its double supply-demand approach, the article quantifies investment as an expression of supply and reviews the ground rules within which these two market forces developed. Finally, it examines the situation of shortages that the intervention created, and explains the intervention in prices from the perspective of the trade-off between its use as an element of stabilization and the bargaining power of the sector. The conclusions reflect the impact of the regulation and highlight its more complex aspects.
This article analyses the impact of market forces and regulation in the Spanish telephone sector. It aims to explore the combined effects of the intersection between regulation of the monopoly, economic policy and entrepreneurial strategies, and hypothesizes that the regulation had a decisive influence on the development of the networks and services. Chronologically, the study covers the two decades of the transition from autarky to the Stabilization and Development Plans. In its double supply-demand approach, the article quantifies investment as an expression of supply and reviews the ground rules within which these two market forces developed. Finally, it examines the situation of shortages that the intervention created, and explains the intervention in prices from the perspective of the trade-off between its use as an element of stabilization and the bargaining power of the sector. The conclusions reflect the impact of the regulation and highlight its more complex aspects.
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Keywords
Telefónica, telecomunicaciones, regulación económica, tarifas, telecommunications, economic regulation, tariffs
Bibliographic citation
Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Año XXVII, otoño 2009, n. 2, pp. 291-320