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Asymmetric Yardstick Competition : Traditional Procurement Versus Public-Private Partnerships

Liddo, Giuseppe Di - 2019

We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...

Persistent link: https://www.econbiz.de/10012892139

Indirect Savings from Public Procurement Centralization

Lotti, Clarissa; Muço, Arieda; Spagnolo, Giancarlo; … - 2023

Centralization of public procurement can lower prices for the government’s direct purchase of goods and services. This paper focuses on indirect savings. Public administrations that do not procure directly through a central procurement agency might benefit from the availability of...

Persistent link: https://www.econbiz.de/10014261018

Can Government Demand Stimulate Private Investment? Evidence from U.S. Federal Procurement

Hebous, Shafik - 2019

We study the effects of federal purchases on firm investment using a novel panel dataset that combines federal procurement contracts in the United States with key financial firm-level information. Using panel fixed-effect models, propensity score matching, and inverse probability weighting...

Persistent link: https://www.econbiz.de/10012891052

Procuring Survival

Cappelletti, Matilde; Giuffrida, Leonardo M.; … - 2022

We investigate the impact of public procurement spending on business survival. Using Italy as a laboratory, we construct a large-scale dataset on firms—covering balance-sheet, income-statement, and administrative records—and match it with public contract data. Employing a regression...

Persistent link: https://www.econbiz.de/10014240867

Big G

Cox, Lydia - 2020

"Big G" typically refers to aggregate government spending on a homogeneous good. In this paper, we open up this construct by analyzing the entire universe of procurement contracts of the US government and establish five facts. First, government spending is granular, that is, it is concentrated...

Persistent link: https://www.econbiz.de/10012836206

Political Donations, Public Procurement and Government Efficiency

Titl, Vítězslav - 2019

Firms’ political donations can induce distortions in the allocation of public procurement contracts. In this article, we employ an advanced non-parametric efficiency model to study the public sector (cost) efficiency implications of such distortions. Using a unique dataset covering the Czech...

Persistent link: https://www.econbiz.de/10012872063

What are the Priorities of Bureaucrats? Evidence from Conjoint Experiments with Procurement Officials

Tukiainen, Janne; Blesse, Sebastian; Bohne, Albrecht; … - 2023

While effective bureaucracy is crucial for state capacity, its decision-making remains a black box. We elicit preferences of 900+ real-world public procurement officials in Finland and Germany. This is an important pursuit as they report having sizeable discretion and minimal extrinsic...

Persistent link: https://www.econbiz.de/10014263185

The Increasing Cost of Buying American

Bombardini, Matilde; Gonzalez-Lira, Andres; Li, Bingjing; … - 2024

The latest resurgence in the U.S. of policies aimed at reducing imports and bolstering domestic production has included the expansion of Buy American provisions. While some of these are new and untested, in this paper we evaluate long-standing procurement limitations on the purchase of foreign...

Persistent link: https://www.econbiz.de/10015096932

The Long-Run Evolution of Infrastructure Services

Goldsmith, Hugh - 2014

This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … innovation cycles, stressing that only an evolutionary, multi-disciplinary, systems approach embracing technology, finance, and …

Persistent link: https://www.econbiz.de/10010435734

Environmental Policy and Innovation : A Decade of Research

Popp, David - 2019

Encouraging innovation is an important part of environmental policy. A large literature in environmental economics … examines the links between environmental policy and innovation. This paper reviews recent literature on green innovation. I … different policy instruments on innovation. I include a discussion of the justifications and evidence for technology …

Persistent link: https://www.econbiz.de/10012890628