IDEAS home Printed from https://ideas.repec.org/p/rtv/ceisrp/592.html
   My bibliography  Save this paper

Firms’ Legality and Efficiency: Evidence from Public Procurement

Author

Listed:

Abstract

Do firms with higher legality standards contribute to better procurement outcomes? We address this question in the context of Italian public works procurement, by combining contract-level data on procurement and firm-level data on legality scores, using the Legality Rating System managed by the Italian Antitrust Authority. We find that higher legality scores are positively associated with a significant and economically important improvement in procurement efficiency, measured by shorter time delays and lower extra costs.

Suggested Citation

  • Elisabetta Iossa & Chiara Latour, 2025. "Firms’ Legality and Efficiency: Evidence from Public Procurement," CEIS Research Paper 592, Tor Vergata University, CEIS, revised 10 Feb 2025.
    • Handle: RePEc:rtv:ceisrp:592
    as

    Download full text from publisher

    File URL: https://ceistorvergata.it/RePEc/rpaper/RP592.pdf
    File Function: Main text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Cartels; corruption; firm efficiency; legality; procurement;
    All these keywords.

    JEL classification:

    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • L4 - Industrial Organization - - Antitrust Issues and Policies

    Statistics

    Access and download statistics

    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:rtv:ceisrp:592. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Barbara Piazzi (email available below). General contact details of provider: https://edirc.repec.org/data/csrotit.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.