Published online by Cambridge University Press: 23 February 2011
This paper examines the extent to which diffusion mechanisms have been important for the privatization of telecommunications in the OECD world. It analyzes a panel dataset for 18 OECD countries between 1980 and 2007 using spatial econometric techniques. The sample includes 18 OECD countries between 1980 and 2007. The empirical findings strongly suggest that spatial interdependencies are significant for privatization policies. First, closely related countries from a geographical or economic perspective influence each other to a greater extent than non-related countries. Second, there is no evidence that governments adopt policies of countries with a similar cultural background or the policies of those countries where privatization has been shown to lead to the intended economic results at the company level. Third, the importance of diffusion is highly influenced by national characteristics such the openness of the economy.
To send this article to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Dropbox account. Find out more about saving content to Dropbox.
To save this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Google Drive account. Find out more about saving content to Google Drive.