Highway to Economic Growth? Competition in Public Works Tenders in the Democratic Republic of Congo

Sergio Galletta, Mario Jametti () and Agustin Redonda

Quaderni della facoltà di Scienze economiche dell'Università di Lugano from USI Università della Svizzera italiana

Abstract: The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of competition in public works tenders in the DRC. Using a unique and newly assembled database on tenders we find that the number of participating bidders and the observed spread of submitted bids both significantly reduce contract prices, confirming our prior that competitive pressure can enhance the overall performance of the sector.

Keywords: Construction; competition; tenders; public works (search for similar items in EconPapers)
JEL-codes: D44 L13 L74 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2012
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Related works:
Journal Article: Highway to Economic Growth? Competition in Public Works Tenders in the Democratic Republic of Congo (2015)
Working Paper: Highway to Economic Growth? Competition in Public Works Tenders in the Democratic Republic of Congo (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:lug:wpaper:1208

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