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'contract clientelism', or the provision of public contracts to private firms in exchange for campaign donations. Using … quantitative data on Colombian infrastructure contracts, we demonstrate that municipalities exhibit an 'electoral contracting cycle …' in which incumbents assign low-quality contracts while on the campaign trail. Contract manipulations are more common in …
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This paper studies the optimal structure of procurement contracts between public and private sectors by mainly comparing two typical procurement types: traditional procurement and public-private partnership (PPP). We first set up a principal-agent model focusing on bundling effects of...
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hires are relatively more qualified. Our results suggest a potential upside to patronage as campaign connections create new …
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