𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Aid and competition in procurement auctions: a case of highway projects

✍ Scribed by Atsushi Iimi

Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
258 KB
Volume
19
Category
Article
ISSN
0954-1748

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Auctions have been recognised as an important tool for improving economic efficiency. Aid‐related procurement systems are no exception to this. Strengthening competition at procurement auctions lowers contract prices and mitigates the heavy indebtedness of developing countries. Auctions are also instrumental in developing local business and fostering good governance. Using data on procurement auctions for Asian Development Bank‐assisted highway projects in China, the equilibrium bid function is estimated. The data indicate that two factors may exert different influences on the equilibrium bid. A common expectation that economies of scale in road construction could lower the average cost of constructing relatively long roads encourages firms to bid aggressively, independently of the degree of auction competition. On the other hand, a pro‐competitive effect would be observed only as the number of bidders exceeds eight. Copyright Β© 2007 John Wiley & Sons, Ltd.

πŸ“œ SIMILAR VOLUMES

AIDS and tuberculosis in Spain. A report
AIDS and tuberculosis in Spain. A report of 140 cases
✍ F. Laguna; M. Adrados; F. DΓ­az; R. Martinez; C. Garcia Aguado; S. Puente; J.M. G πŸ“‚ Article πŸ“… 1991 πŸ› Elsevier Science 🌐 English βš– 368 KB
Applying principles of change management
Applying principles of change management in ergonomic projects: A case study
✍ Dianne A.C.M. Commissaris; Noortje Schoenmaker; Erik A.Th. Beune; Sandra M. Eikh πŸ“‚ Article πŸ“… 2006 πŸ› John Wiley and Sons 🌐 English βš– 239 KB πŸ‘ 2 views

The authors describe a project aimed at structuring the actions and clarifying the role of an ergonomist in large, political, multiclient projects in sectors with high physical workload. A general change management model (model of planned change; L. de CaluwΓ© & H. Vermaak, 1999) was used as a starti

The role of information in Uganda's redu
The role of information in Uganda's reduction of HIV/AIDS prevalence: The Rakai Project and World Vision cases
✍ Kendra S. Albright; Dick Kawooya πŸ“‚ Article πŸ“… 2005 πŸ› Wiley (John Wiley & Sons) 🌐 English βš– 824 KB

## Abstract The spread of HIV/AIDS in Africa over the last two decades has seriously impaired the continent's health care services and overall welfare. Unlike other African nations, however, Uganda developed and implemented a unique approach to combating this problem, reducing HIV/AIDS infection ra