Rules, institutions, or both? Estimating the drivers of telecommunication investment in Latin America
Juan Jung and
Journal of Cyber Policy, 2022, vol. 7, issue 1, 5-23
This paper analyses the impact of regulation and institutions on telecommunications investment in Latin America. The investment levels of the region lag behind those of advanced economies and are impeding substantial progress on digital transformation. Using a database built for this analysis, which covers nearly 90 percent of Latin American countries for 2007–2017, we confirm the relevance of regulatory and institutional frameworks to explain investment trends in the sector. We also show that a good institutional quality contributes significantly to counteracting partially a bad regulatory environment, and vice versa. However, the impact is significantly stronger when good regulation and institutions interact, suggesting that comprehensive reforms to improve institutions and the regulatory environment would pay off. In particular, improving cybersecurity and piracy control regulation, and fighting corruption and undue influence stand out as the priorities to increase telecommunication investment in Latin America.
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
Working Paper: Rules, institutions, or both? Estimating the drivers of telecommunication investment in Latin America (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:rcybxx:v:7:y:2022:i:1:p:5-23
Ordering information: This journal article can be ordered from
Access Statistics for this article
Journal of Cyber Policy is currently edited by Emily Taylor
More articles in Journal of Cyber Policy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().