Competitiveness in Slovak and Czech Public Procurement and its Effect on the Final Price

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00091379" target="_blank" >RIV/00216224:14560/15:00091379 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Competitiveness in Slovak and Czech Public Procurement and its Effect on the Final Price
Original language description
Public expenditures via public procurement accounts for a significant percentage of GDP - around 15 %. Most authors agree that there is an inversely proportional relation between competitiveness and the final price of the public procurement (Kuhlman and Johnson, 1983; Brannman, 1987; Rose-Akerman, 1999; Gupta, 2002; Pavel, 2010; and many others). According to some authors, price decreases caused by increasing competitiveness stop when there are 6-8 participating competitors and they describe this point as fully competitive procurement. When full competitiveness is reached, subsequent additional competitors have only a minimal or no impact on the final procurement price. The aim of our paper is to summarize and calculate competitiveness in Slovak and Czech public procurement between 2008 and 2014, and to evaluate the impact of the level of competition in public procurement on the final price, using regression analysis and weighted summary statistics.
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
EUROPEAN FINANCIAL SYSTEMS 2015: PROCEEDINGS OF THE 12TH INTERNATIONAL SCIENTIFIC CONFERENCE
ISBN
9788021079625
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
143-150
Publisher name
Masaryk Univ, Fac Econ & Adm, Dept Finance; Masaryk Univ, Inst Financial Market
Place of publication
Brno
Event location
Brno
Event date
Jan 1, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000370679200020

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