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231006 ||| eng |
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|a Arezki, Rabah
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| 245 |
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|a Liberalization, Technology Adoption, and Stock Returns
|h Elektronische Ressource
|b Evidence from Telecom
|c Rabah Arezki
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| 260 |
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|a Washington, D.C
|b The World Bank
|c 2021
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| 300 |
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|a 66 pages
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| 700 |
1 |
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|a Rossotto, Carlo Maria
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| 700 |
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|a Fan, Rachel Yuting
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| 700 |
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|a Dequiedt, Vianney
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b WOBA
|a World Bank E-Library Archive
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| 028 |
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|a 10.1596/1813-9450-9561
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| 856 |
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|u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9561
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a 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
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