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Title: |
A Duration Analysis of the Adoption of
Privatization Policy: Evidence from the Telecommunications Sector in the
Asia-Pacific Region |
| Author: |
Lee, Sang Hyup |
| Author
Affiliation: |
Southeastern LA
U |
| Source: |
International Economic Journal, Summer 2003, v. 17, no. 2, pp. 65-78 |
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Publication Date: |
Summer 2003 |
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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. |
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