Indirect Savings from Public Procurement Centralization (Record no. 134167)

MARC details
000 -LEADER
fixed length control field 01448nam a2200229Ia 4500
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022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1945-7731
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Lotti, Clarissa
9 (RLIN) 121898
245 #0 - TITLE STATEMENT
Title Indirect Savings from Public Procurement Centralization
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. American Economic Journal: Economic Policy
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 347-366
520 ## - SUMMARY, ETC.
Abstract 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.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Information and Knowledge
9 (RLIN) 119248
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Learning
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Public Sector Accounting and Audits
9 (RLIN) 121899
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Public Administration
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Muco, Arieda
9 (RLIN) 121900
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Spagnolo, Giancarlo
9 (RLIN) 121901
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Valletti, Tommaso
9 (RLIN) 121902
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.aeaweb.org/articles?id=10.1257/pol.20220357">https://www.aeaweb.org/articles?id=10.1257/pol.20220357</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134167
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        Dr VKRV Rao Library Dr VKRV Rao Library 08/10/2024 Vol. 16, No. 3   AI451 08/10/2024 08/10/2024 Article Index