Belloc, Filippo; Nicita, Antonio; Sepe, Simone M. - In: Journal of Comparative Economics 42 (2014) 4, pp. 1033-1051
We empirically investigate the political determinants of liberalization and privatization policies in six network industries of 30 OECD countries (1975–2007). We unbundle liberalization and privatization reforms and study their simultaneous determination in a two-equation model. Unlike...