Showing 1 - 10 of 339
The author evaluates the effectiveness of policy measures adopted by Chile and Colombia, aiming to mitigate the deleterious effects of pro-cyclical capital flows. In the case of Chile, according to his Generalized Method of Moments (GMM) analysis, capital controls succeeded in reducing net...
Persistent link: https://www.econbiz.de/10012552625
The authors assess for 28 developing countries over the period 1980-2001 whether the existence of a regulatory law and higher quality regulatory governance are significantly associated with superior electricity outcomes. Their analysis draws on theoretical and empirical work on the impact of...
Persistent link: https://www.econbiz.de/10012553997
The authors review a number of studies on the effectiveness of utility regulatory agency and governance arrangements for the electricity industry, particularly for developing countries. They discuss governance criteria and their measurement, both legal frameworks and surveys of regulatory...
Persistent link: https://www.econbiz.de/10012553998
The monopoly-supported universal service obligation (USO) is usually defended on the grounds that the monopoly allows for cross-subsidy in letter services that in turn allows universal access to a service of great importance to all. The author argues that letter delivery (as opposed to other...
Persistent link: https://www.econbiz.de/10012554078
Infrastructure industries-including telecommunications, electricity, water, and gas-underwent massive structural changes in the 1990s. During that decade, hundreds of privatization transactions valued at billions of dollars were completed in these sectors in developing and transition economies....
Persistent link: https://www.econbiz.de/10012559687
Power market integration is analyzed in a two-country model with nationally regulated firms and costly public funds. If the generation costs between the two countries are too similar, negative business stealing outweighs efficiency gains so that the subsequent integration welfare decreases in...
Persistent link: https://www.econbiz.de/10012560098
The majority of microenterprises in most developing countries remain informal despite more than a decade of reforms aimed at making it easier and cheaper for them to formalize. This paper summarizes the evidence on the effects of entry reforms and related policy actions to promote firm...
Persistent link: https://www.econbiz.de/10012560112
Most discussions of the digital divide treat it as a "North-South" issue, but the conventional dichotomy doesn't apply to cell phones in Sub-Saharan Africa. Although almost all Sub-Saharan countries are poor by international standards, they exhibit great disparities in coverage by cell telephone...
Persistent link: https://www.econbiz.de/10012552301
of the reform agenda in telecommunications regulation could accelerate adoption of the Internet in Latin America … determinants of growth in Internet connections and use). Regulation will work by cutting costs. Cost cutting will require that … development and Internet penetration in Latin America. Relying on data from the International Telecommunication Union, the …
Persistent link: https://www.econbiz.de/10012559563
Internet use by using countries' regulation of data services and Internet provision as instrumental variables. The results are …If the Internet made it easier for firms to enter new markets by reducing communication and search costs, then it may … also have made it easier to export goods and services. The authors find that higher Internet penetration in developing …
Persistent link: https://www.econbiz.de/10012559659