In this paper, we provide an assessment of the evolution of markups in Italy in the last twenty years. To this aim, we resort to both macro and micro data and estimation techniques, namely reduced forms accounting measures (price-cost margins) and production function model-based indicators. When...

Project duration is an important metric in the assessment of public works procurement and consists of the time taken to complete the three major sub-phases (design, awarding and execution). The overall duration may be influenced by various factors such as project characteristics, local market...

Italian Abstract: La verifica della documentazione amministrativa dei partecipanti ad un bando pubblico può risultare tra le fasi più impegnative delle procedure di affidamento dei contratti pubblici – sia in termini di durata che di risorse impiegate. L’istituto dell’inversione...

Despite successive reforms, public procurement in Italy is still highly fragmented and vulnerable to collusion, corruption and ex-post renegotiation. Other defects are found in the planning stages of the works. These problems are due in part to the regulations on the awarding of public works...

This paper contributes to the analysis of quantitative indicators (i.e., red flags or screens) to detect corruption in public procurement. Expanding the set of commonly discussed indicators in the literature to new ones derived from the operating practices of police forces and the judiciary,...