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

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dc.contributor.authorGasmi, Farid
dc.contributor.authorNoumba Um, Paul
dc.contributor.authorVirto, Laura Recuero
dc.date.accessioned2012-06-25T16:02:53Z
dc.date.available2012-06-25T16:02:53Z
dc.date.issued2006-12
dc.description.abstractThe aim of this paper is to empirically explore the relationship between the quality of political institutions and the performance of regulation, an issue that has recently occupied much of the policy debate on the effectiveness of infrastructure industry reforms. Taking the view that political accountability is a key factor that links political structures and regulatory processes, the authors investigate, for the case of telecommunications, its impact on the performance of regulation in two time-series-cross-sectional data sets on 29 developing countries and 23 industrial countries covering the period 1985-99. In addition to confirming some well documented results on the positive role of regulatory governance in infrastructure industries, the authors provide empirical evidence on the impact of the quality of political institutions and their modes of functioning on regulatory performance. The analysis of the data sets shows that the (positive) effect of political accountability on the performance of regulation is stronger in developing countries. An important policy implication of this finding is that future reforms in these countries should give due attention to the development of politically accountable systems.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/12/7296583/political-accountability-regulatory-performance-infrastructure-industries-empirical-analysis
dc.identifier.doi10.1596/1813-9450-4101
dc.identifier.urihttps://hdl.handle.net/10986/8943
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4101
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY VARIABLES
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectASYMPTOTICALLY EQUIVALENT
dc.subjectAUTHORITY
dc.subjectAUTOCORRELATION
dc.subjectBUREAUCRACY
dc.subjectCAUSATION
dc.subjectCITIZENS
dc.subjectCOEFFICIENTS
dc.subjectCOUNTRY CHARACTERISTICS
dc.subjectCURRENCY RISK
dc.subjectDATA ANALYSIS
dc.subjectDEMOCRACY
dc.subjectDEPENDENT VARIABLE
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDYNAMIC STRUCTURE
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMETRIC METHODOLOGY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC INCENTIVES
dc.subjectELECTRICITY SECTOR
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL EVIDENCE
dc.subjectENDOGENOUS REGRESSORS
dc.subjectENDOGENOUS VARIABLES
dc.subjectERROR
dc.subjectERROR TERM
dc.subjectEXPLANATORY VARIABLES
dc.subjectFINITE SAMPLE
dc.subjectFIXED EFFECTS
dc.subjectGOOD REGULATORY GOVERNANCE
dc.subjectGOODNESS-OF-FIT
dc.subjectGOVERNANCE DIMENSIONS
dc.subjectGOVERNMENT MONOPOLIES
dc.subjectGRANGER-CAUSE
dc.subjectGRANGER-CAUSES
dc.subjectGROWTH PERFORMANCE
dc.subjectHUMAN CAPITAL
dc.subjectHYPOTHESES
dc.subjectINDEPENDENT REGULATOR
dc.subjectINDEPENDENT VARIABLES
dc.subjectINFRASTRUCTURE INDUSTRIES
dc.subjectINFRASTRUCTURE SECTORS
dc.subjectINSTITUTIONAL ENVIRONMENT
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINSTITUTIONAL QUALITY
dc.subjectINSTRUMENTAL VARIABLES
dc.subjectJUDICIARY
dc.subjectLAG LENGTH
dc.subjectLATIN AMERICAN
dc.subjectLOCAL ACCOUNTABILITY
dc.subjectMARKET ECONOMIES
dc.subjectMEASUREMENT ERRORS
dc.subjectMOMENT CONDITIONS
dc.subject0 HYPOTHESIS
dc.subjectNUMBER OF OBSERVATIONS
dc.subjectOUTLIERS
dc.subjectPANEL DATA
dc.subjectPERFORMANCE TARGETS
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLITICAL ACCOUNTABILITY
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectPOLITICAL POWER
dc.subjectPOLITICAL STRUCTURES
dc.subjectPOLITICIANS
dc.subjectPRECISION
dc.subjectPREDICTABILITY
dc.subjectPRIVATIZATION
dc.subjectPUBLIC OFFICIALS
dc.subjectREGULATORS
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY DECISIONS
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREGULATORY GOVERNANCE
dc.subjectREGULATORY INCENTIVES
dc.subjectREGULATORY INSTITUTIONS
dc.subjectREGULATORY PERFORMANCE
dc.subjectREGULATORY POLICIES
dc.subjectREGULATORY PROCEDURES
dc.subjectREGULATORY PROCESS
dc.subjectREGULATORY PROCESSES
dc.subjectREGULATORY RULES
dc.subjectREGULATORY STRUCTURE
dc.subjectREGULATORY STRUCTURES
dc.subjectREPRESENTATIVES
dc.subjectSET OF VARIABLES
dc.subjectSOCIAL WELFARE
dc.subjectSTANDARD ERRORS
dc.subjectSTOCHASTIC PROCESS
dc.subjectTELEPHONE SERVICE
dc.subjectTIME PERIOD
dc.subjectTIME TREND
dc.subjectTIME-SERIES
dc.subjectTRANSPARENCY
dc.subjectUNIT ROOT
dc.subjectVALIDITY
dc.subjectVETO
dc.titlePolitical Accountability and Regulatory Performance in Infrastructure Industries: An Empirical Analysisen
dspace.entity.typePublication
okr.crossref.titlePolitical Accountability And Regulatory Performance In Infrastructure Industries : An Empirical Analysis
okr.date.doiregistration2025-04-10T09:13:29.112444Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/12/7296583/political-accountability-regulatory-performance-infrastructure-industries-empirical-analysis
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeGovernance
okr.guid626031468134385387
okr.identifier.doi10.1596/1813-9450-4101
okr.identifier.externaldocumentum000016406_20061229104357
okr.identifier.internaldocumentum7296583
okr.identifier.reportWPS4101
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/12/29/000016406_20061229104357/Rendered/PDF/wps4101.pdfen
okr.topicMacroeconomics and Economic Growth::Econometrics
okr.topicInfrastructure Economics and Finance::Infrastructure Regulation
okr.topicStatistical and Mathematical Sciences
okr.topicGovernance::National Governance
okr.topicGovernance::Governance Indicators
okr.topicScience and Technology Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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