IMPACT OF SELECTED FACTORS REGARDING THE EFFICIENCY OF PUBLIC PROCUREMENT (THE CASE OF THE CZECH REPUBLIC) WITH AN EMPHASIS ON DECENTRALIZATION

• Authors: Michal Plaček , Martin Schmidt , František Ochrana , Milan Půček
• Languages of publication: EN

Abstracts

EN

This article examines the impact of selected factors of public contracts on the efficiency of public procurement with an emphasis on decentralization. We analysed the influence of these factors using an econometric model applied to data on public procurement, specifically on pubic construction contracts for 2013 – 2014. To achieve a higher degree of assurance we have verified these results by analysing public contracts for the purchase of gas for the years 2013 – 2014. In the context of the available data, this public contract procedure has a relatively homogeneous subject of performance. The research conclusions which have been reached are significant, partly for the considerations regarding the centralization vs. decentralization of purchases, but they also represent a valuable contribution to the empirical investigation of the decentralized production of public goods and services.

Keywords

EN

PUBLIC PROCUREMENT; DECENTRALIZATION; EFFICIENCY; CZECH REPUBLIC

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2016
• Volume: 64
• Issue: 1
• Pages: 22 – 36

Contributors

author

Michal Plaček

• Charles University in Prague, Faculty of Social Sciences, Centre for Social and Economic Strategies, Celetná 20, 116 36 Prague 1, Czech Republic

author

Martin Schmidt

author

František Ochrana

author

Milan Půček