Streamlining and Privatization Prices in the Telecommunications Industry (2003)

Region
7
Publication Year
Off
Contributor
NULL
 
This paper fills a void in the issue of determinants of privatization prices by concentrating in one industry across many countries.  This has not been done  before, as the literature has only focused on (i) many industries in one country, (ii)  a single industry in one country, and (iii) many industries in many countries. We complement a recently released database with newly collected data, and we are  able to cover 84 telecommunications privatizations, which account for nearly 80 percent of the sector in terms of value.

The Impact of Privatization and Competition in the Telecommunications Sector around the World

Region
7
Publication Year
Off

Using a comprehensive country- level panel data set covering the period from 1981 to 1998, we examine the impact of privatization and competition in the telecommunications sector around the world. Privatization  contributed substantially to labor shedding, output growth, network expansion, and improvements in labor productivity as well as total factor productivity. But how countries privatized is important. Share issue privatization facilitated the development of the mobile market segment.

Water for Life: The Impact of the Privatization of Water Services on Child Mortality (2003)

Region
7
Publication Year
Off
While most countries are committed to increasing access to safe water and thereby reducing child mortality, there is little consensus on how to actually improve water services. One important proposal under discussion is whether to privatize water provision. In the 1990s Argentina embarked on one of the largest privatization campaigns in the world including the privatization of local water companies covering approximately 30 percent of the country’s municipalities. Using the varia tion in ownership of water provision across time and space generated by the privatization process, we find that child mortality fell 8 percent in the areas that privatized their water services; and that the effect was largest (26 percent) in the poorest areas. We check the robustness of these estimates using cause specific mortality. While privatization is associated with significant reductions in deaths from infectious and parasitic diseases, it is uncorrelated with deaths from causes unrelated to water conditions.

Sources of Performance Improvements in Privatized Firms: A Clinical Study of the Global Telecommunications Industry

Region
7
Publication Year
Off

This paper examines the financial and operating performance of 31 national telecommunication companies in 25 countries that were fully or partially privatised through public share offering between October 1981 and November 1998. Using conventional pre- versus post-privatisation comparisons, we find that profitability, output, operating efficiency and capital investment spending increase significantly after privatisation, while employment and leverage decline significantly.

ToRs for Power Sector Regulation - Technical Assistance - Utility Consulting Firm and Legal Advisor

Region
7
Publication Year
Off

By allowing the private sector to invest in and manage the electric utility, the Department of Energy expects to increase the availability of affordable electricity to the domestic and industrial consumers of Acadia. Reliable access to electricity in turn will lead to increased opportunities for economic development, job creation, and poverty alleviation. 

Universal Service Obligations in Utility Concession Contracts and the Needs of the Poor in Argentina’s Privatizations

Publication Year
Off

 

This document is a study on Argentina’s Obligatory Service and Universal Service obligation for diverse sectors such as energy, telecommunication, water and sewage, and gas. It opens with an analysis of the concepts of Obligatory Service and Universal Service, including the Argentinean experience, and concludes with the relevant principles of the case.