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Governments purchase everything from airplanes to zucchini. This paper investigates the role of the technological content of government procurement in innovation. We theoretically show that a shift in the composition of public purchases toward high-tech products translates into higher...
Persistent link: https://www.econbiz.de/10010399854
The United Nations Commission on International Trade Law (UNCITRAL) has commissioned a working group, with delegations from many industrialized and developing nations, to reform and update the UNCITRAL Model Law on Procurement of Goods, Construction and Services. The working group is currently...
Persistent link: https://www.econbiz.de/10014057594
US military Research and Development (R&D) expenditures arguably represent the best example of mission-oriented policy. They are sizeable, with a clear-cut public purpose (national defense) and with the government being their exclusive beneficiary. Exploiting a longitudinal dataset linking...
Persistent link: https://www.econbiz.de/10012319172
We quantify the private returns to government R&D contracts awarded to firms. We present new evidence that R&D contracts not only finance innovation but also embed an implicit government guarantee of noncompetitive future procurement for the winning R&D contractor. We measure its private value...
Persistent link: https://www.econbiz.de/10015409913
This paper addresses the question of whether government procurement can work as a de facto innovation policy tool. We develop an endogenous growth model with quality-improving in-novation that incorporates industries with heterogeneous innovation sizes. Government de-mand in high-tech industries...
Persistent link: https://www.econbiz.de/10009271362
The North American Free Trade Agreement (NAFTA), which entered into force on 1 January 1994, is an agreement between Mexico, Canada and the United States to ensure that covered goods and services fall under a comprehensive free trade agreement among the three countries. NAFTA included, in...
Persistent link: https://www.econbiz.de/10014104538
Governments may exclude vendors from procurement awards for many reasons, including poor performance and corruption. Excluding a vendor, whether from a particular procurement (deciding that the vendor is not qualified for award) or from an entire procurement system (suspending or debarring the...
Persistent link: https://www.econbiz.de/10014105197
This paper aims to determine the extent to which corporate political contributions and the allocation of government procurement contracts are related. We gather information regarding the contributions made by 911 S&P500 companies in 9 congressional election cycles between 1993 and 2010, and...
Persistent link: https://www.econbiz.de/10012955973
In recent years, several U.S. government agencies have pioneered the use of artificial intelligence (AI) and other emerging technologies to improve the efficiency and accuracy of their 'responsibility determinations' (reviews of, among other things, contractor representations and certifications,...
Persistent link: https://www.econbiz.de/10014030066
The Trump administration is mulling an executive order that would trigger U.S. withdrawal from the WTO Agreement on Government Procurement (GPA), according to reports from Bloomberg and POLITICO. Withdrawal from the GPA would deprive U.S. suppliers of a key point of access to public procurement...
Persistent link: https://www.econbiz.de/10014032343