Application of mathematical method in public works tendering in Greece

Pavlos Metallinos ()

European Journal of Law and Economics, 2013, vol. 35, issue 3, 397-407

Abstract: In Greece, the legal framework for public works has application in each one of them, without exceptions. Historically, the Greek collective capitalist has utilized this framework for the purpose of reinforcing the degree of concentration (oligopolization) of the Public Works market. In the course of the year 1998 the legislator sought through implementation of Law 2576 to effect a forcible restructuring of the market and redistribution of the sectoral product to the benefit of the construction companies dominating the Public Works sector. Its aim was to either liquidate weaker contracting capitals or convert them into sub-contractors for construction oligopolies. It nevertheless transpires that the opposite results were produced to what was expected, so that there was a fall in the amount of Product appropriated by the hegemonic construction companies. The legislator accordingly introduced Law 2940/2001 within a juridical framework that came into effect at the same time as Law 2576/1998, the objective being to rectify the deficiencies of the older legislation. Copyright Springer Science+Business Media, LLC 2013

Keywords: Public works; Legislation; Construction; Oligopolization; K29 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10657-011-9256-5 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:ejlwec:v:35:y:2013:i:3:p:397-407

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10657

DOI: 10.1007/s10657-011-9256-5

Access Statistics for this article

European Journal of Law and Economics is currently edited by Jürgen Georg Backhaus, Giovanni B. Ramello and Alain Marciano

More articles in European Journal of Law and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().