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Transaction costs in Czech and Slovak public procurement

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F16%3A00088251" target="_blank" >RIV/00216224:14560/16:00088251 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Transaction costs in Czech and Slovak public procurement

  • Original language description

    The results of the public procurement process cannot be assessed solely in terms of the savings achieved through competition among potential suppliers. Such calculations have been presented in several studies, despite being somewhat problematic. The academic literature clearly indicates that transaction costs for both procurer and supplier significantly influence the public procurement results, and the procurement processes, for example the level of competitiveness, and the prices offered (Pavel, 2007). The goal of this paper is to add some quantitative and qualitative information about select aspects of public procurement transaction costs in the Czech Republic and Slovakia. Two elements are investigated: Czech data on the views of building firms about transaction costs; and the transaction costs of a newly established e-market in Slovakia. The data show quite high indirect transaction costs, which we argue are ultimately the result of a non-functional public procurement system.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA16-13119S" target="_blank" >GA16-13119S: Performance management in public administration - theory vs. practices in the Czech Republic and other CEE countries</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2016

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    THEORETICAL AND PRACTICAL ASPECTS OF PUBLIC FINANCE

  • ISBN

    9788024521558

  • ISSN

  • e-ISSN

  • Number of pages

    5

  • Pages from-to

    282-286

  • Publisher name

    Oeconomica

  • Place of publication

    Praha

  • Event location

    Praha

  • Event date

    Jan 1, 2016

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000392677500044