A DURATION ANALYSIS OF THE ADOPTION OF PRIVATIZATION POLICY: EVIDENCE FROM THE TELECOMMUNICATIONS SECTOR IN THE ASIA-PACIFIC REGION

Sang Hyup Lee

International Economic Journal, 2001, vol. 17, issue 2, 65-78

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]

Date: 2001
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DOI: 10.1080/10168730300080013

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