D4 Published development or research report or study
A new indicator to implement effective spending review policies in the public procurement for standardized goods
Authors: De Leverano Adriano, Baulia Susmita
Publisher: ZEW – Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim
Publishing place: Mannheim
Publication year: 2023
Series title: ZEW Discussion Papers
Number in series: 23-063
Volume: 12/2023
Web address : https://ftp.zew.de/pub/zew-docs/dp/dp23063.pdf
Self-archived copy’s web address: https://research.utu.fi/converis/portal/detail/Publication/182292801
We suggest an alternative indicator that can lead to price reductions in the public procurement market for goods, i.e., the elasticity of prices to quantities purchased. We apply the analysis to the procurement of medical devices by exploiting a survey from the Italian AntiCorruption Authority. The data report for each contract and a series of buyers across the country: a) the quantities, b) the unitary price for the devices, and c) the characteristics of the devices. We find that our measure could provide savings equal to about 17% of the total expenses.
Downloadable publication This is an electronic reprint of the original article. |