Cappelletti, Matilde; Giuffrida, Leonardo M. - 2022
on actual competition and contract outcomes are ambiguous. We pool a decade of US federal procurement data to shed light … on this empirical question using a two-stage approach. To circumvent the lack of exogenous variation in our data, as a … these effects. In a subset of our data we leverage an expected spike in set-aside spending and we find no evidence of better …