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A Duration Analysis Of The Adoption Of Privatization Policy: Evidence From The Telecommunications Sector In The Asia-Pacific Region

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  • Sang Hyup Lee

Abstract

This paper provides an econometric analysis of the determinants of privatization of the telecommunications sector in the Asia-Pacific region. The following conclusions are drawn from the estimates of the Weibull models: 1) rather than the absolute level of network penetration, what really matters most in the privatization process is a country's telecom sector performance over a period of time; and 2) contrary to our presumption, a country's incentive for privatization does not hinge much on the overall budget deficit of the government. Policy implications of the main findings are discussed. [L96]

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  • Sang Hyup Lee, 2001. "A Duration Analysis Of The Adoption Of Privatization Policy: Evidence From The Telecommunications Sector In The Asia-Pacific Region," International Economic Journal, Taylor & Francis Journals, vol. 17(2), pages 65-78.
    • Handle: RePEc:taf:intecj:v:17:y:2001:i:2:p:65-78
    DOI: 10.1080/10168730300080013
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    References listed on IDEAS

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    1. Spiller, Pablo T, 1996. "Institutions and Commitment," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(2), pages 421-452.
    2. Jeffry M. Netter & William L. Megginson, 2001. "From State to Market: A Survey of Empirical Studies on Privatization," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 321-389, June.
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