Showing 1 - 10 of 156
This paper analyses the foundations of efficient-firm regulation (implemented in Chile for almost two decades), and the formulas that are used to set the prices of water/sanitation companies, electric power distributors and the dominant phone companies. We show that efficient-firm regulation...
Persistent link: https://www.econbiz.de/10014029452
The paper tackles the discussion about vertical separation in the electronic communications sector, in its two main forms functional and structural. The author will argue how mandatory structural separation under certain conditions could be a possible option. The evidence is provided by the...
Persistent link: https://www.econbiz.de/10012969986
Since the nineteenth century, the state has played different roles in telecommunications, from owner-operator and regulator to facilitator of private sector activities. Whereas direct government involvement has diminished since the 1980s, recent years have witnessed renewed demands for...
Persistent link: https://www.econbiz.de/10013125356
Since it became involved in telecommunications during the course of the nineteenth century, the state has played several roles in telecommunications: owner-operator, regulator, facilitator, and stopgap for private sector deficiencies. During the past two decades direct state involvement in...
Persistent link: https://www.econbiz.de/10013158987
The paper uses an original international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international)...
Persistent link: https://www.econbiz.de/10012444748
The paper uses an original international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international)...
Persistent link: https://www.econbiz.de/10014149689
We test competing theoretical perspectives explaining likely shareholder returns from material investment decisions announced by privatizing telecommunications firms ("telecoms") with varying levels of residual state ownership. A "principal-agent" perspective suggests that decrease in residual...
Persistent link: https://www.econbiz.de/10014068296
This paper demonstrates that a structurally derived, internationally comparable index of checks and balances on executive discretion created by variation in political structures and party systems affects relative rates of basic telecommunications infrastructure deployment in 147 countries during...
Persistent link: https://www.econbiz.de/10014037889
We study the impact on consumers of privatization and liberalization in the telecommunication sector for 15 EU Countries. Policy reforms are summarized by the OECD regulatory indicators (REGREF), that consider the extent of privatization, vertical disintegration, and market entry. After...
Persistent link: https://www.econbiz.de/10014041584
As the 'Washington Consensus' reforms are losing momentum in Latin America, the Inter- American Development Bank (IDB) is calling for shifting the focus from the content of policy choices to the political process of their implementation. As this paper studies the paradigmatic case of...
Persistent link: https://www.econbiz.de/10010330105