Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/283584 
Year of Publication: 
2023
Series/Report no.: 
ZEW Discussion Papers No. 23-063
Publisher: 
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung, Mannheim
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.
Subjects: 
Public procurement
Medical devices
Spending review
JEL: 
H51
H57
H75
I18
Document Type: 
Working Paper

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