Sangam: A Confluence of Knowledge Streams

Political Accountability and Regulatory Performance in Infrastructure Industries : An Empirical Analysis

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dc.creator Gasmi, Farid
dc.creator Um, Paul Noumba
dc.creator Virto, Laura Recuero
dc.date 2012-03-30T07:12:38Z
dc.date 2012-03-30T07:12:38Z
dc.date 2009-11-30
dc.date.accessioned 2023-02-18T19:41:41Z
dc.date.available 2023-02-18T19:41:41Z
dc.identifier World Bank Economic Review
dc.identifier 1564-698X
dc.identifier http://hdl.handle.net/10986/4512
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/249997
dc.description The relationship between the quality of political institutions and the performance of regulation has recently assumed greater prominence in the policy debate on the effectiveness of infrastructure industry reforms. Taking the view that political accountability is a key factor linking political and regulatory structures and processes, this article empirically investigates its impact on the performance of regulation in telecommunications in time-series–cross-sectional data sets for 29 developing countries and 23 developed countries during 1985–99. In addition to confirming some well-documented results on the positive role of regulatory governance in infrastructure industries, the article provides empirical evidence on the impact of the quality of political institutions and their modes of functioning on regulatory performance. The analysis finds that the impact of political accountability on the performance of regulation is stronger in developing countries. An important policy implication is that future reforms in these countries should give due attention to the development of politically accountable systems.
dc.publisher World Bank
dc.rights CC BY-NC-ND 3.0 IGO
dc.rights http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights World Bank
dc.subject administrative procedures
dc.subject allocative efficiency
dc.subject comparative analysis
dc.subject conceptual framework
dc.subject developed countries
dc.subject econometrics
dc.subject economic development
dc.subject economic growth
dc.subject economic incentives
dc.subject empirical analysis
dc.subject empirical evidence
dc.subject empirical studies
dc.subject environments
dc.subject market economies
dc.subject political accountability
dc.subject political economy
dc.subject production functions
dc.subject social participation
dc.subject streams
dc.subject sustainable development
dc.title Political Accountability and Regulatory Performance in Infrastructure Industries : An Empirical Analysis
dc.type Journal Article
dc.type Journal Article
dc.coverage Marshall Islands
dc.coverage Brazil
dc.coverage Chile
dc.coverage Argentina


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