Arbeitspapier

On the politics of the regulatory reform: econometric evidence from the OECD countries

This paper empirically investigates contrasting views on the politics of economic policy. Merging different databases, we test various predictions coming form different strands of literature, with the aim of explaining the cross-sectional and temporal variation in the degree of regulatory intervention and entry liberalization in the digital mobile telecommunications industry of OECD countries during the 1990's. We analyze the role of political institutions, government's types and ideological position, industry and consumers’ private interests, as well as the regulatory environment in shaping regulatory policy. We find strong evidence that all these sets of variables help to explain some degree of variability in the observed liberalization patterns among countries. Yet, political and regulatory institutions and the pressure of strong incumbent firms are found to be the most important factors.

Language
Englisch

Bibliographic citation
Series: WZB Discussion Paper ; No. FS IV 02-07

Classification
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Positive Analysis of Policy Formulation and Implementation
Subject
Political Economy
Regulation
Entry Liberalization
Institutions
Ideology
Private Interests
Mobile Telecommunications
OECD

Event
Geistige Schöpfung
(who)
Duso, Tomaso
Event
Veröffentlichung
(who)
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
(where)
Berlin
(when)
2002

Handle
Last update
10.03.2025, 11:45 AM CET

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Object type

  • Arbeitspapier

Associated

  • Duso, Tomaso
  • Wissenschaftszentrum Berlin für Sozialforschung (WZB)

Time of origin

  • 2002

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