DOCUMENT

ART - Procurement Reforms 2015

  • YEAR CREATED: 2015
  • ENTITY TYPE: Scholarly Publication
  • TYPE OF DOCUMENT: ART - Article, Paper, Review, Survey, Report
The document is a research paper titled "Public Procurement Reforms in Greece: The Impact of Improved Transparency" by Giotopoulos, Pavlou, Danchev, and Tsakanikas. The paper analyzes the effect of a major public procurement reform on costs in Greece using data from 2002 to 2013. The authors employ quantile regressions to examine the impact of transparency, competition, location, international base, openness, restricted procedures, GDP, and quantity of goods purchased on the unit cost of public procurement projects. Table 3 presents the results of the quantile regressions for different percentiles of the distribution. The estimates suggest that improved transparency has a negative and significant effect on the unit price of procurement projects in the 25%, 50%, 75%, and 90% percentiles. Competition also has a significant and negative impact in most percentiles. Table 5 provides quantile estimates controlling for the quantity of goods purchased. The results show significant effects of improved transparency on government expenditures in all quantiles when controlling for quantity. Overall, the findings of the study indicate that establishing transparent practices in public procurement procedures has a significant impact on reducing costs in Greece.
MEMBERS ONLY DOWNLOAD
Advertisement

Similar Documents

Document
Evaluation Committee Rules of Conduct
Year Created: 2025
Document
RFQ - ADA Self-Evaluation and Transition Plan
Year Created: 2023
Document
Establishing an Effective Supplier Diversity Program
Year Created: 2022