Showing 1 - 10 of 18
An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key ingredient for economic development. Over the past quarter-century, the retrenchment of Latin America's public sector from its dominant position in the provision of infrastructure, and...
Persistent link: https://www.econbiz.de/10012551533
An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key ingredient for economic development. Over the past quarter-century, the retrenchment of Latin America's public sector from its dominant position in the provision of infrastructure, and...
Persistent link: https://www.econbiz.de/10012551735
This paper studies the causes and consequences of informality and applies the analysis to countries in Latin America … and the Caribbean. It starts with a discussion on the definition and measures of informality, as well as on the reasons … why widespread informality should be of great concern. The paper analyzes informality's main determinants, arguing that …
Persistent link: https://www.econbiz.de/10012551815
Income inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of...
Persistent link: https://www.econbiz.de/10012552274
Multidimensional auctions are a natural and practical solution when auctioneers pursue more than one objective in their public-private-partnership transactions. However, it is difficult to achieve auction efficiency with multiple award criteria. Using auction data from road and railway...
Persistent link: https://www.econbiz.de/10012552456
The authors review the stylized facts on regulatory reform in telecommunications and its effects on telecommunications development and Internet penetration in Latin America. Relying on data from the International Telecommunication Union, the Information for Development Program (InfoDev), and the...
Persistent link: https://www.econbiz.de/10012559563
There is widespread concern across Latin America that the provision of infrastructure services has suffered as a consequence of the retrenchment of the public sector and the insufficient response of the private sector to the opening up of infrastructure industries to private participation in...
Persistent link: https://www.econbiz.de/10012559832
The authors bring new empirical evidence on the impact of the choice of ownership and regulatory regime on firms' productivity and prices paid by consumers. They collect the evidence from a sample of electricity distribution companies in Latin America. The authors rely on estimations of labor...
Persistent link: https://www.econbiz.de/10012559854
The authors explore the relation between the establishment of a regulatory agency and the performance of the electricity sector. The authors exploit a unique dataset comprising firm-level information on a representative sample of 220 electric utilities from 51 development and transition...
Persistent link: https://www.econbiz.de/10012552294
This paper shows empirically that "privatization" in the energy, telecommunications, and water sectors, and the introduction of independent regulators in those sectors, have not always had the expected effects on access, affordability, or quality of services. It also shows that corruption leads...
Persistent link: https://www.econbiz.de/10012553902