scholarly journals Corruption in Procurement and the Political Cycle in Tunneling: Evidence from Financial Transactions Data

2016 ◽  
Vol 8 (2) ◽  
pp. 287-321 ◽  
Author(s):  
Maxim Mironov ◽  
Ekaterina Zhuravskaya
Keyword(s):  
Public Procurement ◽  
The Political ◽  
Legitimate Business ◽  
Political Cycle ◽  
Financial Transactions ◽  
Procurement Contracts ◽  
Regional Elections

We provide evidence of corruption in allocation of public procurement and assess its efficiency. Firms with procurement revenue increase tunneling around regional elections, whereas neither tunneling of firms without procurement revenue, nor legitimate business of firms with procurement exhibits a political cycle. Data are consistent with the corruption channel—cash is tunneled to politicians in exchange for procurement contracts—and inconsistent with alternative channels. Using the strength of correlation between procurement revenue and tunneling around elections as a proxy for local corruption, we reject the “efficient grease” hypothesis: in more corrupt localities, procurement contracts go to unproductive firms. (JEL D22, D72, H57, K42, P26, P31, P37)

How Second-Order Is the Regional Level? An Analysis of Tweets in Simultaneous Campaigns

2017 ◽  
Vol 65 (4) ◽  
pp. 1021-1039
Author(s):  
Nicolas Bouteca ◽  
Evelien D’heer ◽  
Steven Lannoo
Keyword(s):  
Order Theory ◽  
Second Order ◽  
Regional Level ◽  
The Political ◽  
Voting Behaviour ◽  
National Parliament ◽  
Political Experience ◽  
Regional Elections

This article puts the second-order theory for regional elections to the test. Not by analysing voting behaviour but with the use of campaign data. The assumption that regional campaigns are overshadowed by national issues was verified by analysing the campaign tweets of Flemish politicians who ran for the regional or national parliament in the simultaneous elections of 2014. No proof was found for a hierarchy of electoral levels but politicians clearly mix up both levels in their tweets when elections coincide. The extent to which candidates mix up governmental levels can be explained by the incumbency past of the candidates, their regionalist ideology, and the political experience of the candidates.

US Corporate Investment Over the Political Cycle

2015 ◽  
Vol 05 (01) ◽  
pp. 1550015 ◽  
Author(s):  
Adam Yonce
Keyword(s):  
Regulatory Policy ◽  
Cash Flows ◽  
The Political ◽  
Political Environment ◽  
Investment Behavior ◽  
Party Government ◽  
Investment Theory ◽  
Regulatory Uncertainty ◽  
Political Cycle ◽  
Investment Opportunities

The investment behavior of US firms exhibits systematic variation over the political cycle. After controlling for investment opportunities, US firms reduce investment expenditures approximately 2.0% during Presidential election years, 5.3% during periods of single-party government, and 8.7% during Republican presidential administrations. Neoclassical investment theory has little to say about direct links between investment and the political environment. I show that the empirical results arise naturally in a model of investment under regulatory and political uncertainty, provided that (i) regulatory policy affects the cash flows of the firm, (ii) firms have flexibility over the scale of their investments and (iii) regulatory uncertainty resolves quickly.

On en sont les partis politiques, au lendemain du 8 octobre 2000?

Res Publica ◽  
2000 ◽  
Vol 42 (4) ◽  
pp. 575-587
Author(s):  
William Fraeys
Keyword(s):  
The Political ◽  
Far Right ◽  
Municipal Elections ◽  
Parliamentary Elections ◽  
Green Parties ◽  
Political Group ◽  
Political Forces ◽  
Liberal Group ◽  
Regional Elections ◽  
Walloon Region

On October 8th 2000 municipal elections were held in Belgium to renew the local councils which had been elected in 1994. In the Walloon region and in Flanders in addition provincial elections were organised.  The aim of the article is to try and measure globally where the political forces stand after these elections and among others to assess whether significant swings have take place since june 13th, 1999, when the latest parliamentary and regional elections took place.  On the basis of an estimation of the global results in the municipal elections of the various parties in the Walloon region, in Flanders and in Brussels, backed up by the actual results of the provincial elections, one can say that the liberal group bas strengthened its first position.The Christian democrats, who make up the second most important political group and the Socialists, who rank third, have regained a large part of the losses they incurred onjune 13th, 1999.Although improving their results in comparison with 1994, the Green parties lost again part of their advance they registered in the parliamentary and regional elections and which had probably been boosted by the dioxin crisis.The frenchspeaking far right practically disappears, whereas the Vlaams Blok obtained an average of 15 % of the Flemish electorate in the municipal and provincial elections, a level which it had reached in the 1999 parliamentary elections.

Examining year-end spending spikes in the European Economic Area: a comparative study of procurement contracts

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Clifford P. McCue ◽  
Eric Prier ◽  
Ryan J. Lofaro
Keyword(s):  
Comparative Study ◽  
Design Methodology ◽  
Public Procurement ◽  
Fourth Quarter ◽  
European Economic Area ◽  
Content Type ◽  
European Economic ◽  
Economic Area ◽  
Contract Type ◽  
Procurement Contracts

PurposeThe purpose of this study is to analyze year-end spending practices in the European Economic Area (EEA) to baseline the pervasiveness of year-end spending spikes across countries in Europe.Design/methodology/approachThe Tenders Electronic Daily dataset is used to descriptively analyze above-threshold procurement contracts by country, year and contract type from 2009 to 2018. Proportional distributions are employed to compare percentages of spend across quarters. Analyses are run within each country on the number of years displaying a fourth quarter spike, as well as within each country and contract type.FindingsThe results show that while spending spikes for above-threshold contracts in the final fiscal quarter are not consistent across all countries, patterns emerge when the data are disaggregated by country. The most populous nations in the EEA are more likely to have years with the highest proportion of fiscal spend occurring in the fourth quarter. Further, the type of contract makes a difference – services and supplies contracts are more likely to display fourth quarter spikes than works contracts.Originality/valueThis article provides the first analysis of the year-end spending spike across countries in Europe using procurement data, as well as the first to disaggregate by year and contract type. Findings support the literature on the presence of year-end spikes; such spikes exist even for above-threshold public procurement contracts.

Senatorial responsiveness, the characteristics of the polity and the political cycle

Public Choice ◽  
1982 ◽  
Vol 38 (3) ◽  
pp. 263-269 ◽  
Author(s):  
Kenneth V. Greene ◽  
Hadi Salavitabar
Keyword(s):  
The Political ◽  
Political Cycle

scholarly journals ARBITRATION OF THE DISPUTES IN CONNECTION WITH PUBLIC PROCUREMENT CONTRACTS IN BOSNIA AND HERZEGOVINA

2021 ◽  
pp. 65-72
Author(s):  
Z. Grbo
Keyword(s):  
Bosnia And Herzegovina ◽  
Public Procurement ◽  
The Public ◽  
Procurement Contract ◽  
Legal Nature ◽  
Arbitration Procedure ◽  
Procurement Contracts

In the article, the author analyses the possibilities of using arbitration procedure to settle disputes arising from the conclusion of a public procurement contract in Bosnia and Herzegovina. The author studies the nature of the public procurement contract and concludes that this contract is of a private legal nature, so the resolution of disputes related to the execution of the contract is possible in arbitration proceedings.

Enabling the Matchmaking of Organizations and Public Procurement Notices by Means of Linked Open Data

2013 ◽  
pp. 105-131 ◽  
Author(s):  
Jose María Alvarez Rodríguez ◽  
José Emilio Labra Gayo ◽  
Patricia Ordoñez de Pablos
Keyword(s):  
Semantic Web ◽  
Linked Data ◽  
Public Procurement ◽  
Open Data ◽  
Specific Information ◽  
Semantic Web Technologies ◽  
Web Technologies ◽  
Domain Specific ◽  
The Status ◽  
Financial Transactions

The aim of this chapter is to present a proposal and a case study to describe the information about organizations in a standard way using the Linked Data approach. Several models and ontologies have been provided in order to formalize the data, structure and behaviour of organizations. Nevertheless, these tries have not been fully accepted due to some factors: (1) missing pieces to define the status of the organization; (2) tangled parts to specify the structure (concepts and relations) between the elements of the organization; 3) lack of text properties, and other factors. These divergences imply a set of incomplete approaches to formalize data and information about organizations. Taking into account the current trends of applying semantic web technologies and linked data to formalize, aggregate, and share domain specific information, a new model for organizations taking advantage of these initiatives is required in order to overcome existing barriers and exploit the corporate information in a standard way. This work is especially relevant in some senses to: (1) unify existing models to provide a common specification; (2) apply semantic web technologies and the Linked Data approach; (3) provide access to the information via standard protocols, and (4) offer new services that can exploit this information to trace the evolution and behaviour of the organization over time. Finally, this work is interesting to improve the clarity and transparency of some scenarios in which organizations play a key role, like e-procurement, e-health, or financial transactions.

Green Public Procurement

2019 ◽  
pp. 136-160
Author(s):  
Carmen Lenuta Trica ◽  
Luminita Ghita
Keyword(s):  
Public Procurement ◽  
Legal Framework ◽  
The Public ◽  
Green Procurement ◽  
Product Categories ◽  
Legal Provisions ◽  
Green Public Procurement ◽  
Environmental Requirements ◽  
Procurement Contracts

At present, legal provisions and environmental policy regulate the possibilities of using environmental considerations in the development of award criteria, as well as in the performance clauses of procurement contracts. The first part of the chapter analyzes the concept of green procurement and product categories for which green procurement can be used. The second part of the chapter presents the benefits of using green procurement. The third part of the chapter will include assessing the progress and impact of using green procurement. The fourth part of the chapter analyzes the legal framework for public procurement in Romania, as well as the capacity of the market to offer and develop products and services that include minimum environmental requirements and criteria. In the fifth part of the chapter, the authors analyze the possibility of implementing a mechanism for the operation and implementation of the legal provisions in Romania in order to improve the quality of the services and optimize the costs of the public procurement.

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