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 t...

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Bibliographic Details
Main Authors: Arezki, Rabah, Dequiedt, Vianney, Fan, Rachel Yuting, Rossotto, Carlo Maria
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/639631614702431630/Liberalization-Technology-Adoption-and-Stock-Returns-Evidence-from-Telecom
http://hdl.handle.net/10986/35210