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The measurement of regulator independence in practice: Latin America and the Caribbean

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  • Miguel A. Montoya
  • Francesc Trillas

Abstract

We present case studies of the evolution of regulatory independence in practice in the telecommunications industry for 23 Latin American and Caribbean countries. Based on these studies, we construct two realistic indices of regulatory independence, which improve upon the measures of independence that have been used so far in the empirical regulation literature. We show that legal indices may give a partially distorted picture of the commitment ability of institutions. Basic illustrative econometrics suggests that the combination of de facto and de jure independence has a positive and significant impact on network penetration.

Suggested Citation

  • Miguel A. Montoya & Francesc Trillas, 2009. "The measurement of regulator independence in practice: Latin America and the Caribbean," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 4(1/2), pages 113-134.
    • Handle: RePEc:ids:ijpubp:v:4:y:2009:i:1/2:p:113-134
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    Citations

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    Cited by:

    1. Antonio Estache & Caroline Philippe, 2012. "The Impact of Private Participation in Infrastructure in Developing Countries: Taking Stock of about 20 Years of Experience," Working Papers ECARES ECARES 2012-043, ULB -- Universite Libre de Bruxelles.
    2. Francesc Trillas & Miguel Angel Montoya, 2008. "The degree of commitment to regulator independence: measurement and impact," Hacienda Pública Española / Review of Public Economics, IEF, vol. 185(2), pages 89-114, July.
    3. Antonio Estache & Caroline Philippe, 2016. "What if the TTIP changed the regulation of public services? Lessons for Europe from developing countries," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(3), pages 59-73.
    4. Chris Hanretty & Christel Koop, 2013. "Shall the law set them free? The formal and actual independence of regulatory agencies," Regulation & Governance, John Wiley & Sons, vol. 7(2), pages 195-214, June.
    5. repec:gig:joupla:v:2:y:2010:i:1:p:3-30 is not listed on IDEAS
    6. Antonio Estache, 2016. "Institutions for Infrastructure in Developing Countries: What We Know and the Lot We still Need to Know," Working Papers ECARES ECARES 2016-27, ULB -- Universite Libre de Bruxelles.
    7. Francesc Trillas & Miguel A. Montoya, 2011. "The Liberalization of Infrastructures in Latin America," Chapters, in: Matthias Finger & Rolf W. Künneke (ed.), International Handbook of Network Industries, chapter 22, Edward Elgar Publishing.
    8. Navroz K. Dubash & Bronwen Morgan, 2012. "Understanding the rise of the regulatory state of the South," Regulation & Governance, John Wiley & Sons, vol. 6(3), pages 261-281, September.
    9. Jensen, Olivia & Wu, Xun, 2017. "The hybrid model for economic regulation of water utilities: Mission impossible?," Utilities Policy, Elsevier, vol. 48(C), pages 122-131.

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