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Public procurement in North Macedonia amounted to 16 percent of total government expenditure in 2018, or 5 percent of gross domestic product. The country's public procurement is also vulnerable to corruption risks, which typically push prices up, leading to overspending. To support better budget...
Persistent link: https://www.econbiz.de/10015198135
This paper assesses the impact of favoritism in public procurement on private sector productivity growth. To this end, it combines three novel microeconomic data sets: administrative data on firms, including more than 4 million firm-year observations and rich financial and ownership information;...
Persistent link: https://www.econbiz.de/10015372455