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Title: Analysis of entrant and incumbent bidding in public procurement auctions
Authors: Taş, Bedri Kamil Onur
Keywords: Competition
Cost effectiveness
Public procurement auctions
Issue Date: 2019
Publisher: Mohr Siebeck GmbH and Co. KG
Source: Tas, B. K. O. (2018). Analysis of Entrant and Incumbent Bidding in Public Procurement Auctions. FinanzArchiv: Public Finance Analysis, (Online First), 1-18.
Abstract: We empirically investigate differences in cost-effectiveness of public procurement auctions that are won by entrants and incumbents. We use a unique data set that covers all Turkish public procurement auctions for the years 2004 to 2010. We find that procurement prices of auctions won by entrants are significantly lower. More than half of the entrants cannot survive in the public procurement market and cannot win more than one auction. Our results indicate that policymakers should cultivate competition and promote entry in public procurement auctions.
ISSN: 0015-2218
Appears in Collections:İktisat Bölümü / Department of Economics
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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