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An empirical analysis of the impacts of competition on procurement costs

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dc.contributor.authorMatilla García, Mariano
dc.contributor.authorVega, Pilar
dc.date.accessioned2025-01-10T18:33:31Z
dc.date.available2025-01-10T18:33:31Z
dc.date.issued2024-08-05
dc.descriptionThe registered version of this article, first published in Applied Economics, is available online at the publisher's website: Taylor and Francis Group, Routledge, https://doi.org/10.1080/00036846.2024.2382934
dc.descriptionLa versión registrada de este artículo, publicado por primera vez en Applied Economics, está disponible en línea en el sitio web del editor: Taylor and Francis Group, Routledge, https://doi.org/10.1080/00036846.2024.2382934
dc.description.abstractThis paper empirically analyses the effect of a competitive environment on the cost of procurement. We exploit a dataset based on the Spanish procurement award notices for the years 2012–2017. After controlling for possible endogeneity, we show that a more competitive environment significantly reduces the cost of Spanish procurement. In particular, the use of the open procedure, the most competitive one, would reduce the procurement price by 9.9%, while the increase by one unit of the number of participants would on average lead to a 2.1% decrease in the procurement price. Consequently, a more extensive use of the open procedure would generate savings of €354 millions per year. These findings can have an important effect on the public deficit of a country.en
dc.description.versionversión final
dc.identifier.citationMatilla-García, M., & Vega, P. (2024). An empirical analysis of the impacts of competition on procurement costs. Applied Economics, 1–16.
dc.identifier.doihttps://doi.org/10.1080/00036846.2024.2382934
dc.identifier.issn1466-4283
dc.identifier.urihttps://hdl.handle.net/20.500.14468/25203
dc.journal.titleApplied Economics
dc.language.isoen
dc.publisherTaylor and Francis Group, Routledge
dc.relation.centerFacultades y escuelas::Facultad de Ciencias Económicas y Empresariales
dc.relation.departmentEconomía Aplicada y Estadística
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
dc.subject53 Ciencias Económicas
dc.subject.keywordsprocurementen
dc.subject.keywordspublic procurementen
dc.subject.keywordscompetition effectsen
dc.subject.keywordsauctionsen
dc.titleAn empirical analysis of the impacts of competition on procurement costsen
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
relation.isAuthorOfPublication7ad4a531-f3a5-451d-a646-48a1cd0ad86e
relation.isAuthorOfPublication.latestForDiscovery7ad4a531-f3a5-451d-a646-48a1cd0ad86e
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