Liberalization, Technology Adoption, and Stock Returns: Evidence from Telecom
The paper investigates the pace of technology adoption in telecom technology post liberalization and its effect on stock returns using a new global panel data set. The results are twofold. First, the evidence points to the complementarity between telecom liberalization and regulatory independence in...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2021
|
| Online-Zugang: | Volltext |
| Zusammenfassung: | The paper investigates the pace of technology adoption in telecom technology post liberalization and its effect on stock returns using a new global panel data set. The results are twofold. First, the evidence points to the complementarity between telecom liberalization and regulatory independence in driving a sustained pace of technology adoption. Second, the results show a positive and economically significant effect of telecom adoption on stock returns, pointing to significant spillovers of telecom to the rest of the economy |
| Beschreibung: | 1 Online-Ressource (66 Seiten) |
| DOI: | 10.1596/1813-9450-9561 |
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| spellingShingle | Arezki, Rabah Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom |
| title | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom |
| title_auth | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom |
| title_exact_search | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom |
| title_exact_search_txtP | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom |
| title_full | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom Rabah Arezki |
| title_fullStr | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom Rabah Arezki |
| title_full_unstemmed | Liberalization, Technology Adoption, and Stock Returns Evidence from Telecom Rabah Arezki |
| title_short | Liberalization, Technology Adoption, and Stock Returns |
| title_sort | liberalization technology adoption and stock returns evidence from telecom |
| title_sub | Evidence from Telecom |
| url | https://doi.org/10.1596/1813-9450-9561 |
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