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The Impact Of Industry Consolidation On Government Procurement
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Book Synopsis The Impact of Industry Consolidation on Government Procurement by : Rodrigo Carril
Download or read book The Impact of Industry Consolidation on Government Procurement written by Rodrigo Carril and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the relationship between market structure and public procurement outcomes. In particular, we ask whether and to what extent consolidation-driven increases in industry concentration affect the way in which the government procures its goods and services. We focus on the defense industry, by far the largest contributor to federal procurement spending in the U.S. This industry experienced a sharp increase in the level of concentration during the 1990s, driven by a series of large mergers between defense contractors. Using detailed microdata on Department of Defense (DoD) contract awards, we estimate the causal effect of industry concentration on a series of procurement outcomes, leveraging the differential impact of these mergers across product markets. We find that market concentration caused the procurement process to become less competitive, with an increase in the share of spending awarded without competition, or via single-bid solicitations. Increased concentration also induced a shift from the use of fixed-price contracts towards cost-plus contracts. However, we find no evidence that consolidation led to a significant increase in acquisition costs of large weapon systems, nor to increased spending at the product market level. We infer that the government's buyer power, especially relevant in this context given the government is often the only purchaser, constrained firms from exercising any additional market power gained by consolidation.
Book Synopsis Government Procurement by : Simon J. Evenett
Download or read book Government Procurement written by Simon J. Evenett and published by World Bank Publications. This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Impact of Government Procurement on Subcontractors by : Aerospace Industries Association of America
Download or read book Impact of Government Procurement on Subcontractors written by Aerospace Industries Association of America and published by . This book was released on 1971 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on the Economics of Public Procurement by : Rodrigo Carril Mac Donald
Download or read book Essays on the Economics of Public Procurement written by Rodrigo Carril Mac Donald and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays that examine how institutional and market factors affect the efficiency of public procurement systems. In the first chapter, I study the trade-off between rules and discretion in public procurement. Should a central government give broad authority to local agencies in the way they award public contracts? Or should it subject them to a strict set of uniform regulations? I study this question in the context of US federal procurement. I find that, at current levels, the benefits from waste prevention are modest relative to the size of compliance costs introduced by regulation. In the second chapter, co-authored with Mark Duggan (Stanford), we study the relationship between market structure and public procurement outcomes. In particular, we ask whether and to what extent consolidation-driven increases in industry concentration affect the way in which the government procures its goods and services. We focus on the defense industry, by far the largest contributor to federal procurement spending in the U.S. We find that increased market concentration caused the procurement process to become less competitive, induced a shift from the use of fixed-price contracts towards cost-plus contracts, but find no evidence that consolidation led to a significant increase in acquisition costs. In the third chapter, joint with Andres Gonzalez-Lira (UC Berkeley) and Michael S. Walker (US Department of Defense), we study the effects of increasing competition for public contracts through advertising. Publicizing contract opportunities promotes bidder participation, potentially leading to lower acquisition costs. Yet extensive advertising could also exacerbate the adverse selection of bidders on non-contractible quality dimensions. We study this trade-off in the context of procurement contracts for the U.S. Department of Defense. We find that publicized contracts opportunities increases competition and leads to a different pool of vendors, which on average offer lower prices. However, we also find that the post-award performance of publicized contracts worsens, resulting in more post-award cost overruns and delays. The latter effect is driven by goods and services that are relatively more complex, highlighting the role of contract incompleteness.
Book Synopsis Prime Contract Awards by : United States Department of Defense
Download or read book Prime Contract Awards written by United States Department of Defense and published by . This book was released on 1981 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Critical Mind written by Christine Godt and published by Springer Nature. This book was released on 2023-06-22 with total page 790 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the academic footprint of Hanns Ullrich. Thirty contributions revolve around five central topics of his oeuvre: the European legal order, competition law, intellectual property, the regulation of new technologies, and the global market order. Acknowledging him as a trailblazer, the book aims to capture how deeply Hanns Ullrich has influenced contemporaries and subsequent generations of scholars. The contributors re-iterate the path-breaking patterns of his teachings, such as his contemplation of intellectual property as embedded in competition, the necessity of balancing private and public interests in intellectual property law, the policies of market integration, and the peculiar relationship of technological advancement and protectionism.
Author :United States. Congress. House. Select Committee on Small Business. Subcommittee on Government Procurement Publisher : ISBN 13 : Total Pages :1410 pages Book Rating :4.0/5 (18 download)
Book Synopsis Small Business in Government Procurement--before and After Defense Cutbacks by : United States. Congress. House. Select Committee on Small Business. Subcommittee on Government Procurement
Download or read book Small Business in Government Procurement--before and After Defense Cutbacks written by United States. Congress. House. Select Committee on Small Business. Subcommittee on Government Procurement and published by . This book was released on 1970 with total page 1410 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Select Committee on Small Business Publisher : ISBN 13 : Total Pages :1436 pages Book Rating :4.F/5 ( download)
Book Synopsis Small Business in Government Procurement -- Before and After Defense Cutbacks, Hearings Before the Subcommittee on Government Procurement of ... , 91-2, Pursuant to H. Res. 66 ... , October 22 - December 11, 1969; April 7-9, 1970 by : United States. Congress. House. Select Committee on Small Business
Download or read book Small Business in Government Procurement -- Before and After Defense Cutbacks, Hearings Before the Subcommittee on Government Procurement of ... , 91-2, Pursuant to H. Res. 66 ... , October 22 - December 11, 1969; April 7-9, 1970 written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1970 with total page 1436 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Great Reversal by : Thomas Philippon
Download or read book The Great Reversal written by Thomas Philippon and published by Harvard University Press. This book was released on 2019-11-05 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Book of the Year A ProMarket Book of the Year “Superbly argued and important...Donald Trump is in so many ways a product of the defective capitalism described in The Great Reversal. What the U.S. needs, instead, is another Teddy Roosevelt and his energetic trust-busting. Is that still imaginable? All believers in the virtues of competitive capitalism must hope so.” —Martin Wolf, Financial Times “In one industry after another...a few companies have grown so large that they have the power to keep prices high and wages low. It’s great for those corporations—and bad for almost everyone else.” —David Leonhardt, New York Times “Argues that the United States has much to gain by reforming how domestic markets work but also much to regain—a vitality that has been lost since the Reagan years...His analysis points to one way of making America great again: restoring our free-market competitiveness.” —Arthur Herman, Wall Street Journal Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question, but the search for an answer took one of the world’s leading economists on an unexpected journey through some of the most hotly debated issues in his field. He reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. In the age of Silicon Valley start-ups and millennial millionaires, he hardly expected this. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow Thomas Philippon as he works out the facts and consequences of industry concentration, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means. Philippon argues that many key problems of the American economy are due not to the flaws of capitalism or globalization but to the concentration of corporate power. By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth. For the sake of ordinary Americans, he concludes, government needs to get back to what it once did best: keeping the playing field level for competition. It’s time to make American markets great—and free—again.
Book Synopsis Foreign Industrial Targeting and Its Effects on U.S. Industries, Phase III by :
Download or read book Foreign Industrial Targeting and Its Effects on U.S. Industries, Phase III written by and published by . This book was released on 1985 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Defence Acquisition and Procurement by : Ron P. Smith
Download or read book Defence Acquisition and Procurement written by Ron P. Smith and published by Cambridge University Press. This book was released on 2022-07-14 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The acquisition and procurement of major weapons systems is fraught with difficulties. They tend to be delivered late, over budget and unable to meet requirements. This Element provides an economic analysis of why this happens. Market structure, demand by the military and supply by the arms firms, shapes the conduct of the agents and generates the poor performance observed. The military are trying to counter an evolving threat, subject to a budget constraint, high R&D costs and new technologies. The interaction between a government made up of warring tribes and arms firms with considerable market and political power is further complicated by a set of what economists call 'principal-agent' problems, which are examined. While the poor performance has prompted many countries to propose reforms, the difficulty of the task and the institutional incentives faced by the actors mean that the reforms rarely solve the problem.
Book Synopsis Contract Pricing Reference Guides by : Wolters Kluwer
Download or read book Contract Pricing Reference Guides written by Wolters Kluwer and published by CCH. This book was released on 2016-05-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new, single-volume resource provides the most complete guidance available for analyzing the cost and pricing aspects of federal government contracts--so you can propose and negotiate appropriate prices and win contracts. The practical Contract Pricing Reference Guide reference combines five manuals into a single source, covering: Price Analysis Quantitative Techniques for Contract Pricing Cost Analysis Advanced Issues in Contract Pricing And Federal Contract Negotiation Techniques Determine the Proper Pricing to Win Government Business Throughout these pages, you will find highly detailed explanations of how the government evaluates proposals, arrives at pricing, chooses contractors, and awards contracts. With Contract Pricing Reference Guide, you can more confidently: Conduct market research for price analysis Employ proven techniques of quantitative price analysis Propose a fair and appropriate price Confidently engage in sealed bidding Include only what's allowable in the price Employ the most effective, competitive pricing strategies And engage in effective contract negotiations The One-of-a-Kind, Time-Saving Pricing Resource The all-new Contract Pricing Reference Guide provides a road-map for how to set correct pricing and engage in the competitive bidding process. It is a practical business tool to help you acquire government contract business--and it brings all the most valuable pricing information together in an easy-access, single-volume resource that puts everything you need literally right in front of you. No other resource delivers all of this together in one place, making it the most convenient way to obtain the most vital information on pricing government contracts.
Book Synopsis Contemporary Research on Management and Business by : Siska Noviaristanti
Download or read book Contemporary Research on Management and Business written by Siska Noviaristanti and published by CRC Press. This book was released on 2022-09-07 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains 74 selected papers presented at the 5th International Seminar of Contemporary Research on Business and Management (ISCRBM 2021), which was organized by the Alliance of Indonesian Master of Management Program (APMMI) and held in Jakarta, Indonesia on 18 December 2021. This online conference was hosted by the Master of Management Program of Indonesia University. This year, ISCRBM focused on research related to driving sustainable business through innovation. Business has had to deal with the Covid-19 pandemic, so a new approach towards managing business to survive competition is indispensable. Innovation is the key for all organizations in surviving in the new normal and beyond. The Seminar aimed to provide a forum for leading scholars, academics, researchers, and practitioners in the business and management area to reflect on the issues, challenges and opportunities, and to share the latest innovative research and best practices. This seminar brought together participants to exchange ideas on the future development of management disciplines: human resource, marketing, operation, finance, strategic management and entrepreneurship. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Book Synopsis Mastering the Risky Business of Public-Private Partnerships in Infrastructure by : Manal Fouad
Download or read book Mastering the Risky Business of Public-Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
Book Synopsis US Defense Politics by : Harvey M. Sapolsky
Download or read book US Defense Politics written by Harvey M. Sapolsky and published by Routledge. This book was released on 2020-12-30 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an accessible overview of US defense politics for upper-level students. This new edition has been updated and revised, with new material on the Trump Administration and Space Force. Analyzing the ways in which the United States prepares for war, the authors demonstrate how political and organizational interests determine US defense policy and warn against over-emphasis on planning, centralization, and technocracy. Focusing on the process of defense policy-making rather than just the outcomes of that process, US Defense Politics departs from the traditional style of many textbooks. Designed to help students understand the practical side of American national security policy, the book examines the following key themes: US grand strategy; the roles of the president and the Congress in controlling the military; organizational interests and civil-military relations; who joins America's military; what happens to veterans after wars; how and why weapons are bought; the management of defense and intra- and inter-service relations; public attitudes toward the military; homeland security and the intelligence community. The fourth edition will be essential reading for students of US defense politics, national security policy, and homeland security, and highly recommended for students of US foreign policy, public policy, and public administration.
Book Synopsis Aerospace and Digitalization by : Diego Carou
Download or read book Aerospace and Digitalization written by Diego Carou and published by Springer Nature. This book was released on 2021-04-08 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reports a comprehensive study on the Industry 4.0 technologies focused on the aerospace sector, presenting a blueprint of the sector and the background of the key technologies. The author describes the adoption of some of these technologies by some of the major aerospace companies and organizations.
Author :American Bar Association. House of Delegates Publisher :American Bar Association ISBN 13 :9781590318737 Total Pages :216 pages Book Rating :4.3/5 (187 download)
Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates
Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
