Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/3738
Title: Effect of public procurement regulation on competition and cost-effectiveness
Authors: Taş, Bedri Kamil Onur
Keywords: Public procurement
Regulation
Competition
Issue Date: 2020
Publisher: Springer
Source: Tas, B. K. O. (2020). Effect of public procurement regulation on competition and cost-effectiveness. Journal of Regulatory Economics, 1-1
Abstract: This study empirically investigates the impact of public procurement regulation quality on the competition for tenders and the cost-effectiveness of awarded contracts, by employing the World Bank's Benchmarking Public Procurement and EuroPAM Public Procurement quality scores. Using extensive data on public procurement in the European Economic Area, Switzerland, and Macedonia, the analysis in this paper shows that higher quality public procurement regulatory regimes are associated with higher levels of competition and cost-effectiveness. Improved regulation quality significantly increases the number of bidders and the probability that the procurement price is lower than the estimated cost.
URI: https://hdl.handle.net/20.500.11851/3738
https://doi.org/10.1007/s11149-020-09409-w
ISSN: 0922-680X
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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