Purpose – The purpose of this paper is to discuss literature and empirical evidence on regulatory independence especially in telecommunications and to suggest reforms of this institution. Design/methodology/approach – The paper comprises a survey of the literature plus new empirical evidence on de facto independence. Findings – The study finds that independence has a positive and significant, but modest, impact on network penetration, once de facto issues and endogeneity are taken into account. Research limitations/implications – De facto independence can only be superficially approached with quantitative methods and the instruments used to correct for endogeneity are far from perfect. Practical implications – Regulatory agencies may find ways to improve their effectiveness. Social implications – The paper provides ideas on how to solve the dilemma between expertise and accountability in the particular field of telecommunications regulation. Originality/value – The paper provides data about the vulnerability of independent regulation in telecommunications in Latin America until 2010.
info – Emerald Publishing
Published: May 3, 2013
Keywords: Regulation; Independence; Strategic delegation; Telecommunication; Developing countries
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