The authors address the question of infrastructure reforms in a novel way by focusing on the impact which they can have on consumers through the prices paid by different groups and on their access to the networks. They analyse original material from four Latin American countries –...

This paper estimates a cost function for the Chilean banking system for a sample comprising all banks operating during 1989-2000. We found evidence of increasing returns to scale for small banks but not for larger banks. We did not find support for the popular belief that a financial supermarket...