Indirect savings from public procurement centralization (Record no. 527829)

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fixed length control field 01272nam a22001457a 4500
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fixed length control field 240927b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Lotti, C. Muço, A. Spagnolo, G. and Valletti, T.
245 ## - TITLE STATEMENT
Title Indirect savings from public procurement centralization
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Economic Journal: Economic Policy
300 ## - PHYSICAL DESCRIPTION
Extent 16(3), Aug, 2024: p.347-366
520 ## - SUMMARY, ETC.
Summary, etc Centralization of public procurement can lower prices for the government's direct purchase of goods and services. This paper focuses on indirect savings. Public administrations that do not procure directly through a central procurement agency might benefit from the availability of centrally procured goods. We exploit the introduction of a central purchasing agency in Italy and find that prices came down by 22 percent among administrations that bought autonomously. These indirect effects appear to be driven by informational externalities, especially for less competent public buyers purchasing technologically more complex goods. Accounting for indirect savings increases the estimate of direct ones.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/pol.20220357
773 ## - HOST ITEM ENTRY
Main entry heading American Economic Journal: Economic Policy
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP PUBLIC PROCUREMENT
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-09-27 16(3), Aug, 2024: p.347-366 AR133262 2024-09-27 Articles

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