IDEAS home Printed from https://ideas.repec.org/a/rom/rampas/v2017y2017i28p25-44.html
   My bibliography  Save this article

Determinants of Public Fund´s Savings Formation via Public Procurement Process

Author

Listed:
  • Beata GAVUROVA
  • Andrea TKACOVA
  • David TUCEK

Abstract

The aim of procurement is to achieve savings of public resources. Domestic and foreign studies point to the fact that the condition of achieving the savings is sufficient competition on the supply side. Slovakia currently belongs to the group of countries with low competition in public procurement deals. Furthermore, in this context we have compared the best practices of using public funds with regard to public procurement in the Czech Republic. The aim of this paper is to create and analyze models of the number of tenders subcontractor participation and open competition on the savings achieved in public procurement. Based on the Wilcoxon signed-rank test in the R software is demonstrated that public procurement in an average is a way to save public funds. Using linear regression in R program positive effect of the number of offers to saving process is identified. Across the investigated group as well as at dividing to limit and above the limit contracts, any further offer increased energy in average of 3%. Participation of the subcontractor has positive effect on savings in the whole study group and at above limit contracts over 1.35 million euros without value added tax. Open competition as a kind of public procurement is not statistically significant in pursuit of savings in procurement for a given sample.

Suggested Citation

  • Beata GAVUROVA & Andrea TKACOVA & David TUCEK, 2017. "Determinants of Public Fund´s Savings Formation via Public Procurement Process," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2017(28), pages 25-44, June.
    • Handle: RePEc:rom:rampas:v:2017:y:2017:i:28:p:25-44
    as

    Download full text from publisher

    File URL: https://www.ramp.ase.ro/en/_data/files/articole/2017/28-02.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. AndréS GóMez-Lobo & Stefan Szymanski, 2001. "A Law of Large Numbers: Bidding and Compulsory Competitive Tendering for Refuse Collection Contracts," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 18(1), pages 105-113, February.
    2. Oriana Bandiera & Andrea Prat & Tommaso Valletti, 2009. "Active and Passive Waste in Government Spending: Evidence from a Policy Experiment," American Economic Review, American Economic Association, vol. 99(4), pages 1278-1308, September.
    3. Zedan Hatush & Martin Skitmore, 1997. "Criteria for contractor selection," Construction Management and Economics, Taylor & Francis Journals, vol. 15(1), pages 19-38.
    4. Rose-Ackerman,Susan & Palifka,Bonnie J., 2016. "Corruption and Government," Cambridge Books, Cambridge University Press, number 9781107081208, January.
    5. Andrzej Cieslik & Lukasz Goczek, 2015. "On The Evolution Of Corruption Patterns In The Post-Communist Countries," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 10(1), pages 33-53, March.
    6. Juraj Nemec & Beata Merickova & Leos Vitek, 2005. "Contracting-out at local government level," Public Management Review, Taylor & Francis Journals, vol. 7(4), pages 637-647, December.
    7. Ido Millet & Diane H. Parente & John L. Fizel & Ray R. Venkataraman, 2004. "Metrics for Managing Online Procurement Auctions," Interfaces, INFORMS, vol. 34(3), pages 171-179, June.
    8. Marcel LITRÃ & Sorin BURLACU, 2014. "Management regulatory liberalization of the public service contracts in the rail industry," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2014(22), pages 73-84, June.
    9. Rose-Ackerman,Susan & Palifka,Bonnie J., 2016. "Corruption and Government," Cambridge Books, Cambridge University Press, number 9781107441095, January.
    10. Odysseus George Manoliadis & John-Paris Pantouvakis & Symeon Christodoulou, 2009. "Improving qualifications-based selection by use of the fuzzy Delphi method," Construction Management and Economics, Taylor & Francis Journals, vol. 27(4), pages 373-384.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beata GAVUROVA & David TUCEK & Viliam KOVAC, 2019. "Economic Aspects Of Public Procurement Parameters In Tertiary Education Sector," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2019(32), pages 42-62, June.
    2. Kacandolli-Gjonbalaj Drita & Shiroka-Pula Justina & Berisha-Shaqiri Afërdita & Osmani Myslym, 2018. "The Efficiency of Public Procurement in the Republic of Kosovo: An Econometric Approach," Ekonomika (Economics), Sciendo, vol. 97(2), pages 70-90, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Bennett & Matthew D. Rablen, 2021. "Bribery, hold‐up, and bureaucratic structure," Economic Inquiry, Western Economic Association International, vol. 59(3), pages 880-903, July.
    2. Arteaga, Fernando & Desierto, Desiree & Koyama, Mark, 2024. "Shipwrecked by rents," Journal of Development Economics, Elsevier, vol. 168(C).
    3. Lv, Zhike, 2017. "Intelligence and corruption: An empirical investigation in a non-linear framework," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 69(C), pages 83-91.
    4. Ruba Abdullah Aljarallah, 2020. "The Economic Impacts of Natural Resource Dependency in Gulf Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 36-52.
    5. Leonard Hoeft & Wladislaw Mill & Alexander Vostroknutov, 2019. "Normative Perception of Power Abuse," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2019_06, Max Planck Institute for Research on Collective Goods.
    6. Adomako, Samuel & Amankwah-Amoah, Joseph & Tarba, Shlomo Y. & Khan, Zaheer, 2021. "Perceived corruption, business process digitization, and SMEs’ degree of internationalization in sub-Saharan Africa," Journal of Business Research, Elsevier, vol. 123(C), pages 196-207.
    7. Nicolas Campos & Eduardo Engel & Ronald D. Fischer & Alexander Galetovic, 2019. "Renegotiations and corruption in infrastructure: The Odebrecht case," "Marco Fanno" Working Papers 0230, Dipartimento di Scienze Economiche "Marco Fanno".
    8. Samuel Adedayo MUYIWA, 2021. "Influence of Politics of Governance on Management of Coronavirus in Nigeria," RAIS Journal for Social Sciences, Research Association for Interdisciplinary Studies, vol. 5(1), pages 29-38, May.
    9. Somjit Barat, 2022. "Attitudes of the Indian Middle Class: A Theory of Planned Behavior Approach," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 8(1), pages 21-42, January.
    10. Miguel-Angel Galindo-Martín & María-Soledad Castaño-Martínez & María-Teresa Méndez-Picazo, 2020. "The Relationship between Green Innovation, Social Entrepreneurship, and Sustainable Development," Sustainability, MDPI, vol. 12(11), pages 1-19, June.
    11. Cesar Martinelli, 2022. "Accountability and Grand Corruption," American Economic Journal: Microeconomics, American Economic Association, vol. 14(4), pages 645-679, November.
    12. Michael A. Sartor & Paul W. Beamish, 2020. "Private Sector Corruption, Public Sector Corruption and the Organizational Structure of Foreign Subsidiaries," Journal of Business Ethics, Springer, vol. 167(4), pages 725-744, December.
    13. Dávid-Barrett, Elizabeth & Fazekas, Mihály, 2020. "Anti-corruption in aid-funded procurement: Is corruption reduced or merely displaced?," World Development, Elsevier, vol. 132(C).
    14. Amber Hsiao & Verena Vogt & Wilm Quentin, 2019. "Effect of corruption on perceived difficulties in healthcare access in sub-Saharan Africa," PLOS ONE, Public Library of Science, vol. 14(8), pages 1-12, August.
    15. Susan Rose-Ackerman, 2017. "A Review of Geoffrey M. Hodgson, Conceptualizing Capitalism: Institutions, Evolution, Future," Journal of Economic Literature, American Economic Association, vol. 55(1), pages 182-190, March.
    16. Lihua Wang & Xin(Robert) Luo & M. Peter Jurkat, 2022. "Understanding Inconsistent Corruption Control through E-government Participation: Updated Evidence from a Cross-Country Investigation," Electronic Commerce Research, Springer, vol. 22(3), pages 979-1006, September.
    17. Julia M. Puaschunder & Dirk Beerbaum, 2020. "The Future of Healthcare around the World: Four indices integrating Technology, Productivity, Anti-Corruption, Healthcare and Market Financialization," Proceedings of the 18th International RAIS Conference, August 17-18, 2020 021jpmd, Research Association for Interdisciplinary Studies.
    18. Sazzadul Arefin, 2019. "Geographic Endowment, Corruption, and Economic Development," Business and Economic Research, Macrothink Institute, vol. 9(1), pages 1-32, March.
    19. Ioannis Dokas & Georgios Oikonomou & Minas Panagiotidis & Eleftherios Spyromitros, 2023. "Macroeconomic and Uncertainty Shocks’ Effects on Energy Prices: A Comprehensive Literature Review," Energies, MDPI, vol. 16(3), pages 1-35, February.
    20. Mohammad Heydari & Kin Keung Lai & Victor Shi & Feng Xiao, 2023. "Public Health Risk Evaluation through Mathematical Optimization in the Process of PPPs," IJERPH, MDPI, vol. 20(2), pages 1-19, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rampas:v:2017:y:2017:i:28:p:25-44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Androniceanu Armenia (email available below). General contact details of provider: https://edirc.repec.org/data/ccasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.