Mostrar el registro sencillo del ítem
Political connections and misallocation of procurement contracts: evidence from Ecuador
| dc.contributor.author | Brugués, F. | |
| dc.contributor.author | Brugués, J. | |
| dc.contributor.author | Giambra, S. | |
| dc.coverage.spatial | América Latina y el Caribe | es_ES |
| dc.date.accessioned | 2019-02-25T20:47:03Z | |
| dc.date.available | 2019-02-25T20:47:03Z | |
| dc.date.issued | 2018-12-2 | |
| dc.identifier.citation | Brugués, F., Brugués, J., & Giambra, S. (2018, December 2). Political connections and misallocation of procurement contracts: evidence from Ecuador. Caracas: CAF. Retrieved from https://scioteca.caf.com/handle/123456789/1394 | en_GB |
| dc.identifier.uri | https://scioteca.caf.com/handle/123456789/1394 | |
| dc.description.tableofcontents | This paper uses detailed ownership information of private firms in Ecuador and the identity of bureaucrats to document the effects of political connections on firm size and the allocation of government contracts. Reduced-form estimates show a significant positive effect of political connection on sales, assets, debt, and costs. Using contract-level data, we find that politically connected firms enjoy higher probability of winning discretionary contracts and charge higher prices for homogeneous goods and services than unconnected firms. Back-of-the-envelope calculations indicate a political connection premium of 475 million USD per year in overpricing. Further analysis from production function estimates suggest that politically connected firms are less efficient than unconnected ones. This translates into a 1.5 to 3.5 percent excess cost of provision. | es_ES |
| dc.language.iso | en | es_ES |
| dc.publisher | CAF | es_ES |
| dc.subject | Economía | es_ES |
| dc.subject | Investigación socioeconómica | es_ES |
| dc.title | Political connections and misallocation of procurement contracts: evidence from Ecuador | es_ES |
| dc.type | workingPaper | es_ES |
| dc.publisher.city | Caracas | es_ES |
Ficheros en el ítem
Este ítem aparece en la(s) siguiente(s) colección(ones)
-
6.1 Documentos de trabajo en investigación socioeconómica
En esta colección se encuentran los documentos de trabajo sobre temas económicos y sociales prioritarios para la región.
Items Relacionados
Inside the revolving door: campaign finance, lobbying meetings and public contracts. An investigation for Argentina
This paper explores the relationship between political influence activities by interest groups and benefits obtained in the form of public contracts. ...
My (Running) Mate, the Mayor: Political Ties and Access to Public Jobs in Ecuador
We show that local politicians’ probability of being employed by a municipality increases when they have a strong party connection to its mayor. Using ...
Annual Report 2017
In a context marked by important social, political and economic transformation throughout 2017, CAF operated as a true ally of development in Latin ...