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The role of institutional design in the conduct of infrastructure industries reforms - An illustration through telecommunications in developing countries

机译:制度设计在基础设施产业改革中的作用 - 以发展中国家的电信为例

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摘要

This paper discusses the relationship between the quality of political and economic institutions and the performance of the infrastructure industries reform process in developing countries. Our point of departure is that, whenthinking about this relationship, it is necessary to take into account the specific features of these countries’ economies (Gasmi and Recuero Virto, 2005, Laffont, 2005). Based on two econometric analysis of time-series-crosssectional data on the telecommunications sector, we present the empirical findings and policy implications pertaining two issues (Gasmi et al., 2006,Gasmi and Recuero Virto, 2007). The first issue concerns the impact of the quality of institutions on the performance of regulation. Our review points to the fact that political accountability of institutional systems is akey determinant of regulatory performance. The second issue relates to the factors that shape the sectorial reforms themselves and the impact on these reforms on the development of the industry. Our main conclusion is thatcountries’ institutional risk and financial constraints are among the major factors that explain which reforms are actually implemented.
机译:本文讨论了发展中国家政治经济体制的质量与基础设施行业改革进程的绩效之间的关系。我们的出发点是,在考虑这种关系时,有必要考虑这些国家的经济特点(Gasmi和Recuero Virto,2005; Laffont,2005)。基于对电信行业时间序列横截面数据的两次计量经济学分析,我们提出了与两个问题有关的经验发现和政策含义(Gasmi等,2006; Gasmi和Recuero Virto,2007)。第一个问题涉及机构质量对监管绩效的影响。我们的评论指出了这样一个事实,即制度体系的政治责任感是监管绩效的关键决定因素。第二个问题涉及决定部门改革本身的因素以及这些改革对行业发展的影响。我们的主要结论是,国家的制度风险和财政约束是解释哪些改革实际实施的主要因素。

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