Economics behind Latin American telecom privatizations?

Carlos Hirsch Ganievich
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Abstract

We present a dynamic econometric model of the Mexican Telephone Company (Telmex). This model is used to compare different management strategies (state-owned monopoly, unregulated monopoly, regulated monopoly and competition) to find out the essential parameters that are pressing Latin American countries to restructure the telecom sector and to finally open it to competition. Simulating 16 years of behavior in various scenarios we show that long distance rates are the main reason forcing these fundamental changes.
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拉美电信私有化背后的经济学?
我们提出了墨西哥电话公司(Telmex)的动态计量经济模型。该模型用于比较不同的管理策略(国有垄断、不受管制的垄断、受管制的垄断和竞争),以找出迫使拉丁美洲国家重组电信部门并最终向竞争开放的基本参数。我们模拟了16年来在各种情况下的行为,表明长途费率是迫使这些根本变化的主要原因。
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