Guasch, J. Luis; Laffont, Jean-Jacques; Straub, Stéphane - In: Journal of Applied Econometrics 22 (2007) 7, pp. 1267-1294
This paper analyzes government-led renegotiations in infrastructure concession contracts in Latin America, based on the same sample used in Guasch, Laffont and Straub (2003) to examine firm-led renegotiations. After extending the theoretical framework to a multiple-period context in which both...