Independencia y Compromiso en la Regulación de las Telecomunicaciones: Una aproximación desde la economía al compromiso de los gobiernos con la independencia de las agencias de regulación en América Latina y el Caribe
In this research, I apply several alternative methods previously used in the literature to measure the degree of regulatory independence for telecommunications regulators. These alternative methods are applied to a new homogeneous data set for 23 Latin American and Caribbean countries over a 15 year period. I provide a metric to quantify the degree to which each country creates legally independent regulatory agencies in telecommunications. All the methods used provide similar results. Later, I construct a realistic index of regulatory independence, which improves upon the measures of independence that have been used so far in the empirical regulation literature. I focus on the degree to which governments are able to commit to preserve regulator independence. I combine this information with data on legal independence to construct indices of regulator independence that are more realistic than those used by the existing literature. I show that legal indices may give a partially distorted picture of the commitment ability of institutions and of the impact of independence on network penetration. Econometric results confirm that regulator independence has a positive impact on telecommunications performance, but purely legal indices appear to under-estimate this impact.
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Advisor:Trillas Jané, Francesc; Asensio, Javier
School:Universitat Autónoma de Barcelona
Source Type:Master's Thesis
Keywords:411 departament d economia aplicada
Date of Publication:10/31/2007