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Avenues of Technology Transfer: Foreign Investment and Productivity Change in the Czech Republic

Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1998

Firm-level data for the Czech Republic during 1992–6 suggest that foreign investment has tended to flow to firms of above average size, initial profitability and initial labour productivity. After controlling for this selection bias, we find that foreign investment has a positive, but...

Persistent link: https://www.econbiz.de/10005114387

Auctions vs Negotiations in Public Procurement: Which Works Better?

Lalive, Rafael; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2011

advantages of these two modes are still imperfectly understood. This paper therefore studies public procurement of regional … rail services. This offers the unique opportunity to assess the two procurement modes within the same institutional and … auctions. This analysis suggests accounting for the endogeneity of the choice of procurement mode by estimating the mode of …

Persistent link: https://www.econbiz.de/10009275960

Contract Renewal and Incentives in Public Procurement

Dalen, Dag Morten; Moen, Espen R; Riis, Christian - C.E.P.R. Discussion Papers - 2004

This Paper explores how the government’s choice of renewal policy in public procurement programmes can be used as a …

Persistent link: https://www.econbiz.de/10005114452

Political Connections and Firm Value: Evidence from the Regression Discontinuity Design of Close Gubernatorial Elections

Do, Quoc-Anh; Lee, Yen-Teik; Nguyen, Bang Dang - C.E.P.R. Discussion Papers - 2015

procurement contracts and invest more than do firms connected to the loser. …

Persistent link: https://www.econbiz.de/10011249372

Relational Contracts and Competitive Screening

Calzolari, Giacomo; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2009

We study the tension between competitive screening and contract enforcement where a principal trades repeatedly with one among several agents, moral hazard and adverse selection coexist, and non-contractible dimensions are governed by relational contracting. We simultaneously characterize...

Persistent link: https://www.econbiz.de/10005082534

Procurement with specialized firms

Boone, Jan; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2011

This paper analyzes optimal procurement mechanisms in a setting where the procurement agency has incomplete information …

Persistent link: https://www.econbiz.de/10009385768

Procuring Innovation

Cabral, Luís M B; Cozzi, Guido; Denicolò, Vincenzo; … - C.E.P.R. Discussion Papers - 2006

, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make … potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their …

Persistent link: https://www.econbiz.de/10005791875

Combination Bidding in Multi-Unit Auctions

Cantillon, Estelle; Pesendorfer, Martin - C.E.P.R. Discussion Papers - 2007

This paper considers the problem of identification and estimation in the first-price multi-unit auction. It is motivated by the auctions of bus routes held in London where bidders submit bids on combinations of routes as well as on individual routes. We show that submitting a combination bid...

Persistent link: https://www.econbiz.de/10005791983

Why Do Sellers (Usually) Prefer Auctions?

Bulow, Jeremy I.; Klemperer, Paul - C.E.P.R. Discussion Papers - 2009

We compare the most common methods for selling a company or other asset when participation is costly: a simple simultaneous auction, and a sequential process in which potential buyers decide in turn whether or not to enter the bidding. The sequential process is always more efficient. But...

Persistent link: https://www.econbiz.de/10004976795

When are Auctions Best?

Bulow, Jeremy I.; Klemperer, Paul - C.E.P.R. Discussion Papers - 2007

We compare the two most common bidding processes for selling a company or other asset when participation is costly to buyers. In an auction all entry decisions are made prior to any bidding. In a sequential bidding process earlier entrants can make bids before later entrants choose whether to...

Persistent link: https://www.econbiz.de/10005123726