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Highway to economic growth? : competition in public works tenders in the Democratic Republic of Congo
Galletta, Sergio; Jametti, Mario; Redonda, Agustin - 2012
The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of...
Persistent link: https://www.econbiz.de/10009689522
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Inefficient R&D in public procurement : negative consequences of a separation between award and actual contract
Bös, Dieter - 1999
In public procur ement a temporal separation between award and actual contract allows private entrepreneurs who did not get the award to sue to become contractor. Hence, not only the award-winning entrepreneur, but also the losers will engage in relationship-specific investments. Unfortunately,...
Persistent link: https://www.econbiz.de/10009781703
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Voter support for privatizing education : evidence on self-interest and ideology
Merzyn, Wolfram; Ursprung, Heinrich W. - 2003
Economic theory advances various arguments in favor of and against privatizing education. In this paper we investigate the extent to which these arguments influence voters opinions. We analyze two popular referenda in which some 400,000 voters in two Swiss cantons expressed their opinions on the...
Persistent link: https://www.econbiz.de/10011508114
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Assessing the efficiency of an insurance provider : a measurement error approach
Jametti, Mario; Ungern-Sternberg, Thomas von - 2003
The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in … Switzerland. The most commonly used measure for this kind of exercise is the Claims / Premium ratio. We argue that this measure … measurement errors and apply the model to a data set on 19 firms in housing insurance markets in Switzerland. We show that the …
Persistent link: https://www.econbiz.de/10011507834
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A look upstream : electricity market restructuring, risk, procurement contracts and efficiency
Di Maria, Corrado; Lange, Ian; Lazarova, Emiliya A. - 2014 - This version: November 25, 2014
investigate the impact this change in procurement contracts has on efficiency. Focusing on coal mines, we find that those selling …
Persistent link: https://www.econbiz.de/10010464693
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Political donations, public procurement and government efficiency
Titl, Vitezslav; De Witte, Kristof; Geys, Benny - 2019
, we employ an advanced non-parametric efficiency model to study the public sector (cost) efficiency implications of such … distortions. Using a unique dataset covering the Czech regions over the 2007-2014 period, we find that the efficiency of public … power ("party donors"). We link this efficiency difference to two underlying mechanisms: i.e. shifts in procurement contract …
Persistent link: https://www.econbiz.de/10011996245
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Empirical evidence on the effectiveness of social public procurement policy : the case of the Swiss apprenticeship training system
Strupler, Leiser Mirjam; Wolter, Stefan C. - 2014
This paper assesses the effectiveness of a social public procurement policy in Switzerland that gives firms that train …
Persistent link: https://www.econbiz.de/10010462636
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Outsourcing in contests
Meland, Frode (contributor); Straume, Odd Rune (contributor) - 2006
We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research tournament or a procurement contest for being awarded some production contract. We find that the possibility of outsourcing increases competition between the contestants, leading...
Persistent link: https://www.econbiz.de/10003301026
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Low price equilibrium in multi-unit auctions : the GSM spectrum auction in Germany
Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar - 2001
The second-generation GSM spectrum auction in Germany is probably the most clear cut example of a low price outcome in a simultaneous ascending-bid auction.The present paper gives an account of the events, describes the auction rules and market conditions, and provides a theoretical explanation...
Persistent link: https://www.econbiz.de/10011399147
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Agreeing on efficient emissions reduction
Bos, Olivier; Roussillon, Béatrice; Schweinzer, Paul - 2013
infracting upon productive efficiency. The mechanism employs a contest creating incentives among participating nations to …
Persistent link: https://www.econbiz.de/10009772819