Effect of Public Procurement Regulation on Competition and Cost-Effectiveness

Bedri Kamil Onur Tas

No 2019/22, RSCAS Working Papers from European University Institute

Abstract: This paper empirically investigates the impact of public procurement regulation quality on competition and cost-effectiveness. I employ the World Bank’s Benchmarking Public Procurement quality scores. Using extensive data about public procurement in the European Economic Area, Switzerland, and Macedonia, the paper exhibits positive effects of improved regulation quality. Better quality scores are associated with higher levels of competition and cost-effectiveness. Improved regulation quality significantly increases number of bidders and the probability that procurement price is lower than estimated cost

Keywords: Public Procurement; Regulation; Competition (search for similar items in EconPapers)
JEL-codes: H57 O12 (search for similar items in EconPapers)
Date: 2019-03
New Economics Papers: this item is included in nep-com and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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