The measurement of the independence of telecommunications regulatory agencies in Latin America and the Caribbean

Do Infrastructure Reforms Reduce the Effect of Corruption? Theory and Evidence from Latin America and the Caribbean

“…However, these authors do not focus on how this association interacts with regulation and privatization, partly due to a lack of data on regulatory governance. 1 Another set of papers have used recently collected data on regulatory governance to consider the impact of regulatory reforms in more detail, including Gutiérrez (2003a), Montoya and Trillas (2007), Cubbin and Stern (2006), and Zhang, Parker, and Kirkpatrick (2008). In particular, Andres, Azumendi, and Guasch (2008) produce evidence that better regulatory governance and privatization increase the productivity of electricity distribution firms in LAC.…”

Evaluating regulatory reform of network industries: a survey of empirical models based on categorical proxies

“…We stress that this list is not exhaustive 6 and that our selection criteria were (i) their representativeness of the kind of empirical proxies for regulatory reforms discussed in this paper and (ii) the fact that they are widely used in the literature (see, among many others, Alesina et al, 2005;Brau et al, 2010;Belloc, 2013;Bacchiocchi et. al 2015;Faccio and Zingales, 2017;Copenhagen Economics 2005a,b;Edwards and Waverman, 2006;Montoya and Trillas, 2007;Ugur, 2009). All in all, the following discussion highlights the complexity of quantitative measurement and the trade-offs between the closeness to the underlying theoretical definitions of reform and data availability.…”

“…The European Union Regulatory Institutions (EURI) database. The EURI database and the associated EURI Independence Index, due to Edwards (2004) and used by Montoya and Trillas (2007) and Edwards and Waverman (2006), focus on regulatory independence in the telecommunications sectors of 15 EU Member States over the 1997-2003 period. The underlying data are sourced from reports of the European Commission and of the OECD.…”

Spectrum Management: The Key Lever for Achieving Universality

“…Another study, undertaken by Montoya and Francesc (2007), includes an analysis of the regulatory independence of countries in LAC over time. The conclusion is that countries in the region are benefiting from growing regulatory independence with a positive impact on fixed line penetration rates.…”