Henisz, Witold J.; Zelner, Bennet A.; Guillen, Mauro F. - William Davidson Institute, University of Michigan - 2004
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building on neo-institutional theory in sociology, we argue that...