Semantic Scholar Open Access 2020 171 sitasi

Public Procurement in Law and Practice

E. Bosio Simeon Djankov E. Glaeser A. Shleifer

Abstrak

We examine a new dataset of public procurement laws, practice, and outcomes in 187 countries. We measure regulation as restrictions on the discretion of the procuring entities. We find that laws and practice are highly correlated with each other across countries, and better practice is correlated with better outcomes, but laws themselves are not correlated with outcomes. A closer look shows that stricter laws correlate with improved outcomes, but only in countries with low public sector capacity. We present a model of procurement in which both regulatory rules and public sector capacity determine procurement outcomes. In the model, regulation is effective in countries with low public sector capacity, but not in countries with high capacity because it inhibits the socially optimal exercise of discretion to exclude low quality bidders. (JEL D73, H11, H57, K12, K42, O17)

Topik & Kata Kunci

Penulis (4)

E

E. Bosio

S

Simeon Djankov

E

E. Glaeser

A

A. Shleifer

Format Sitasi

Bosio, E., Djankov, S., Glaeser, E., Shleifer, A. (2020). Public Procurement in Law and Practice. https://doi.org/10.3386/w27188

Akses Cepat

Lihat di Sumber doi.org/10.3386/w27188
Informasi Jurnal
Tahun Terbit
2020
Bahasa
en
Total Sitasi
171×
Sumber Database
Semantic Scholar
DOI
10.3386/w27188
Akses
Open Access ✓