Effects of Transparency in Procurement Practices on Government Expenditure: A Case Study of Municipal Public Works

Effects of Transparency in Procurement Practices on Government Expenditure: A Case Study of... This paper examines the effect of improved transparency in the bidder qualification process, using the experience gained from a case study of municipal public works auctions. A difference-in-differences analysis reveals that improved transparency reduces procurement cost by up to 8%. This finding is robust with regard to the concerns of both endogeneity and sample selectivity. The bidding-function estimates, combined with features of Japanese procurement system, imply that the introduction of transparent practices is insufficient to bring about efficiency in public procurement. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Effects of Transparency in Procurement Practices on Government Expenditure: A Case Study of Municipal Public Works

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Publisher
Springer US
Copyright
Copyright © 2009 by Springer Science+Business Media, LLC.
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1007/s11151-009-9208-1
Publisher site
See Article on Publisher Site

References

  • An empirical analysis of entrant and incumbent bidding in road construction auctions
    Silva, D. G.; Dunne, T.; Kosmopoulou, G.

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