A new indicator to implement effective spending review policies in the public procurement for standardized goods

Leverano, Adriano de ; Baulia, Susmita

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URN: urn:nbn:de:bsz:180-madoc-666080
Document Type: Working paper
Year of publication: 2023
The title of a journal, publication series: ZEW Discussion Papers
Volume: 23-063
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: H51 , H57 , H75 , I18,
Keywords (English): public procurement , medical devices , spending review
Abstract: 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.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

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