. Political support for liberalization may therefore be limited …

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determination of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …

telecommunications. We present evidence of political influence over regulatory outcomes, and demonstrate the importance of regulatory … regulatory independence and quality in telecommunications in the 15 founding EU member states from 1997 to 2003. Beyond the …

has explored the effects of privatization, competition, and to a lesser extent, regulation. We know very little, however …, about the effects of the details of privatization transactions themselves. In particular, countries often grant the … periods are correlated with a significant decrease in the incumbent's investment in the telecommunications network, payphones …

announced by privatizing telecommunications firms ("telecoms") with varying levels of residual state ownership. A "principal …. Over time, this effect increases. An alternative "credible" privatization perspective suggests that retention of … CARs and time since initial privatization for telecoms from emerging markets. The influence of residual state factors on …

put forward in this study establishes that privatization of incumbent telecommunications operators supports the … opportunity costs. This paper provides empirical evidence in support of the importance of telecommunications sector reform to … amount of telecommunications capital spending and broadband penetration. In turn, all these three factors maximize economic …

-controlling or "residual" state ownership framework, grounded in credible privatization and institutional theory. We propose that: 1 … signals state support for managerial initiatives; 2) the passage of time since initial privatization negatively affects … turn negative at higher state ownership levels. CARs turn sharply negative within 1-2 years from initial privatization …