Study on the Market Effect of Network Neutrality Regulation in Korea 


Vol. 47,  No. 10, pp. 1645-1655, Oct.  2022
10.7840/kics.2022.47.10.1645


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  Abstract

This study empirically analyzed the effect of network neutrality regulation on the investment of domestic Internet Service Providers (ISP) and the number of broadband Internet subscribers. Prior studies on net neutrality were mainly approached by economics, and the results were mixed with pros and cons. This study empirically analyzed the impact of net neutrality regulation on the domestic market, and comprehensively confirmed the theoretical approach and empirical results. It was empirically analyzed whether there has been change in ISP investment and number of subscribers after regulation began in 2011. We employed FEM and System GMM in empirical analysis and confirmed that ISP investment decreased after the net neutrality regulation, and thus the number of broadband Internet subscribers also decreased. This study is differenciated from others in that it presented empirical results for the contradictory pros and cons of theoretical approaches in the absence of empirical studies on net neutrality regulation. This results also suggest political and practical implications where media market changes and the needs for network advancement increases.

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  Cite this article

[IEEE Style]

S. Kang, B. Kang, H. Shin, "Study on the Market Effect of Network Neutrality Regulation in Korea," The Journal of Korean Institute of Communications and Information Sciences, vol. 47, no. 10, pp. 1645-1655, 2022. DOI: 10.7840/kics.2022.47.10.1645.

[ACM Style]

Sun-A Kang, Byoung-Mo Kang, and Hyun-Moon Shin. 2022. Study on the Market Effect of Network Neutrality Regulation in Korea. The Journal of Korean Institute of Communications and Information Sciences, 47, 10, (2022), 1645-1655. DOI: 10.7840/kics.2022.47.10.1645.

[KICS Style]

Sun-A Kang, Byoung-Mo Kang, Hyun-Moon Shin, "Study on the Market Effect of Network Neutrality Regulation in Korea," The Journal of Korean Institute of Communications and Information Sciences, vol. 47, no. 10, pp. 1645-1655, 10. 2022. (https://doi.org/10.7840/kics.2022.47.10.1645)

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pISSN : 1226 - 4717
eISSN : 2287 - 3880