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Political Competition and Policy Adoption: Market Reforms in Latin American Public Utilities

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  • Maria Victoria Murillo
  • Cecilia Martínez‐Gallardo

Abstract

This article shows that political competition generates incentives that affect the pace of adoption of market reforms in the context of policy convergence. Previous work shows the effect of financial and technological pressures in promoting policy convergence and the impact of institutional constraints on shaping the pace of policymaking. Controlling for these effects, this article demonstrates the policy effects of political competition and ideological polarization even at a time when ideological policy differences seem to be fading due to policy convergence. This article studies policy adoption using duration analysis for the 18 countries of Latin America during the 1985–2000 period when most of the market reforms in public utilities were adopted.

Suggested Citation

  • Maria Victoria Murillo & Cecilia Martínez‐Gallardo, 2007. "Political Competition and Policy Adoption: Market Reforms in Latin American Public Utilities," American Journal of Political Science, John Wiley & Sons, vol. 51(1), pages 120-139, January.
    • Handle: RePEc:wly:amposc:v:51:y:2007:i:1:p:120-139
    DOI: 10.1111/j.1540-5907.2007.00241.x
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    References listed on IDEAS

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    1. Vreeland,James Raymond, 2003. "The IMF and Economic Development," Cambridge Books, Cambridge University Press, number 9780521016957, September.
    2. Alberto Chong & Florencio López-de-Silanes, 2005. "Privatization in Latin America : Myths and Reality," World Bank Publications - Books, The World Bank Group, number 7461.
    3. Alberto Chong & Florencio López-de-Silanes, 2005. "Privatization in Latin America : Myths and Reality," World Bank Publications, The World Bank, number 7461, September.
      • Florencio López-de-Silanes & Pablo Serra & Paul Gertler & Ernesto Schargrodsky & Francisco Anuatti & Sebastián Galiani & Alberto E. Chong & Carlos Pombo & Federico Sturzenegger & Máximo Torero & Carlo, 2005. "Privatization in Latin America: Myths and Reality," IDB Publications (Books), Inter-American Development Bank, number 59618 edited by Florencio López-de-Silanes & Alberto E. Chong, February.
    4. repec:idb:brikps:59618 is not listed on IDEAS
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    Cited by:

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    2. Puspa D. Amri & Eric M. P. Chiu & Jacob M. Meyer & Greg M. Richey & Thomas D. Willett, 2022. "Correlates of Crisis Induced Credit Market Discipline: The Roles of Democracy, Veto Players, and Government Turnover," Open Economies Review, Springer, vol. 33(1), pages 61-87, February.
    3. Cecilia Martinez‐Gallardo & Maria Victoria Murillo, 2011. "Agency under constraint: Ideological preferences and the politics of electricity regulation in Latin America," Regulation & Governance, John Wiley & Sons, vol. 5(3), pages 350-367, September.
    4. Mariano Tommasi & Carlos Scartascini & Ernesto Stein, 2014. "Veto players and policy adaptability: An intertemporal perspective," Journal of Theoretical Politics, , vol. 26(2), pages 222-248, April.
    5. Daniele Checchi & Massimo Florio & Jorge Carrera, 2009. "Privatisation Discontent and Utility Reform in Latin America," Journal of Development Studies, Taylor & Francis Journals, vol. 45(3), pages 333-350.
    6. Eitan, Avri, 2023. "How are public utilities responding to electricity market restructuring and the energy transition? Lessons from Israel," Utilities Policy, Elsevier, vol. 82(C).
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    8. González, Camilo Ignacio, 2022. "Can we have it all? The evolution of regulatory frameworks in Latin America," Utilities Policy, Elsevier, vol. 77(C).
    9. Liu, Wai-Man & Ngo, Phong, 2020. "Voting with your feet: Political competition and internal migration in the United States," European Journal of Political Economy, Elsevier, vol. 65(C).
    10. Dolphin, Geoffroy & Pollitt, Michael G., 2021. "The International Diffusion of Climate Policy: Theory and Evidence," RFF Working Paper Series 21-23, Resources for the Future.
    11. de Paulo, Felipe Luiz Lima & Sobral Camões, Pedro Jorge, 2019. "The adoption of ecological fiscal transfers: An empirical analysis," Land Use Policy, Elsevier, vol. 88(C).

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