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We investigate the replacement of the traditional state-centered model of electricity industry organization with a market-oriented neo-liberal model in 83 countries. We argue and find that social actors' ascription of legitimacy to an institutional replacement is central to the replacement's...
Persistent link: https://www.econbiz.de/10014027565
We offer a simple model of policymaking emphasizing socialization and limits on human cognition to explicate mechanisms of change in emergent (as opposed to established) institutions. Emergent institutions are more susceptible to change, and their opponents may use frames or existing reference...
Persistent link: https://www.econbiz.de/10014029032
In this paper, we examine the effects of interest group pressure and the structure of political institutions on infrastructure deployment by state-owned electric utilities in a panel of 78 countries during the period 1970-1994. We consider two factors that jointly influence the rate of...
Persistent link: https://www.econbiz.de/10014029040
We offer a simple model of policymaking emphasizing socialization and limits on human cognition to explicate mechanisms of change in emergent (as opposed to established) institutions. Emergent institutions are more susceptible to change, and their opponents may use frames or existing reference...
Persistent link: https://www.econbiz.de/10014029180
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building on neo-institutional theory in sociology, we argue that...
Persistent link: https://www.econbiz.de/10014029183