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procurement contracts and invest more than do firms connected to the loser. …
Persistent link: https://www.econbiz.de/10011249372
We investigate the effect of corruption on competition in procurement. Our assumption is that the bureaucrat (i.e., the … firms expect to be paying a bribe, a mechanical effect of corruption is to increase the contract price by an amount … corresponding to the anticipated bribe. We show, however, that a key effect of corruption is to facilitate collusion in price …
Persistent link: https://www.econbiz.de/10005357111
We study how poor quality of institution, such as corruption in public procurement auction, could hurt welfare. We show … how competition effect could improve the cost-efficiency but not the quality of a public procurement auction with … corruption. In fact, no incentive mechanism can be efficient in this auction if qualities are non-contractible. An empirical …
Persistent link: https://www.econbiz.de/10009350212
A model of entrepreneurial choices in an economy with a corrupt public procurement sector is built, providing … predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …. Second, firms favoured with corrupt contracts enjoy extra returns, so that procurement related activities attract the best …
Persistent link: https://www.econbiz.de/10009369360
After the 2014 uprising against widespread corruption under former Ukrainian President Victor Yanukovych, a group of … civic activists and data experts decided to overhaul government procurement. Their efforts produced an open-source e-procurement … U.S. Strategy on Countering Corruption. Resilient in the chaos of war, ProZorro offers many lessons. It offers technical …
Persistent link: https://www.econbiz.de/10014076554
” abroad) are a recognized bulwark against corruption in the United States, and have become a standard part of procurement … maintain an effective bid protest system, and could raise new risks of corruption in procurement … established part of federal procurement for at least a century. Protests (sometimes called “challenges” or “remedies proceedings …
Persistent link: https://www.econbiz.de/10014114040
regulation for public procurement, the country more prone to corruption benefits more from integration. However, if the …We study the link between corruption and economic integration. We show that if an economic union establishes a common … propensities to corruption are too distinct, the less corrupt country will not be willing to join the union. This difference in …
Persistent link: https://www.econbiz.de/10005708027
A model of entrepreneurial choices in an economy with a corrupt public procurement sector is built, providing … predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …. Second, firms favoured with corrupt contracts enjoy extra returns, so that procurement related activities attract the best …
Persistent link: https://www.econbiz.de/10009002328
A model of entrepreneurial choices in an economy with a corrupt public procurement sector is built, providing … predictions along two main dimensions. First, corruption is more frequent in sectors where public institutions are large buyers …. Second, firms favoured with corrupt contracts enjoy extra returns, so that procurement related activities attract the best …
Persistent link: https://www.econbiz.de/10008865969
century. Secondly, in one area of economic activity - trade in government procurement markets - the revised WTO Agreement on … Government Procurement (GPA) is emerging as a multi-dimensional tool of trade, governance and development. The thesis of this …
Persistent link: https://www.econbiz.de/10011115722