The Effect of Endogenous Regulation on Telecommunications Expansion and Efficiency in Latin America Academic Article


  • Journal of Regulatory Economics


  • I examine the effect of reform on telecom performance using a second-generation regulatory framework index and panel data techniques to test how regulatory governance affected sector performance in 22 Latin American countries during the period 1980-1997. Sound regulatory governance in telecommunications has a positive impact on network expansion and efficiency, in both the static and dynamic specifications. Openness of markets to competition and divestment of former state-owned telco operators also contributed positively to better sector performance. The dynamic specification shows that past performance has its own strong effect on present (and perhaps future) performance.

publication date

  • 2003-5-1


  • Divestment
  • Latin America
  • Latin American countries
  • Openness
  • Operator
  • Panel data
  • Regulatory framework
  • Regulatory governance
  • Telecom
  • Telecommunications

International Standard Serial Number (ISSN)

  • 0922-680X

number of pages

  • 30

start page

  • 257

end page

  • 286