This paper empirically investigates the effect of the competitive environment (number of participants) on the cost of procurement. We use a unique dataset provided by the Public Procurement Authority (PPA) of Turkey that covers all of the government procurement auctions for the years...

This paper investigates effects of macroeconomic conditions in an economy on government procurement (GP) auctions. Specifically, two research questions are examined: 1) What are the eff ects of macroeconomic variables on the competitive environment (number of bidders) in GP auctions? 2) How does...

In the wake of the recent crisis many countries face problems caused by budget deficits. To be able to lower their budget deficits these governments should conduct their expenditures at the lowest possible prices. To achieve this objective many countries use auctions to administer government...