Effects of Transparency in Procurement Practices on Government Expenditure: A Case Study of Municipal Public Works |
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Authors: | Hiroshi Ohashi |
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Affiliation: | (1) Department of Economics, University of Tokyo, 7-3-1 Hongo, Bunkyo, Tokyo 113-0033, Japan |
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Abstract: | This paper examines the effect of improved transparency in the bidder qualification process, using the experience gained from a case study of municipal public works auctions. A difference-in-differences analysis reveals that improved transparency reduces procurement cost by up to 8%. This finding is robust with regard to the concerns of both endogeneity and sample selectivity. The bidding-function estimates, combined with features of Japanese procurement system, imply that the introduction of transparent practices is insufficient to bring about efficiency in public procurement. |
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Keywords: | Public procurement Transparency Discretion Difference-in-differences |
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