Data for: Competition in the economic crisis: Analysis of procurement auctions

Main Author: Zulehner, Christine
Format: Dataset
Terbitan: Mendeley , 2016
Subjects:
Online Access: https:/data.mendeley.com/datasets/yzxt6w47pc
ctrlnum 0.17632-yzxt6w47pc.1
fullrecord <?xml version="1.0"?> <dc><creator>Zulehner, Christine</creator><title>Data for: Competition in the economic crisis: Analysis of procurement auctions </title><publisher>Mendeley</publisher><description>Abstract of associated article: We study the effects of the recent economic crisis on firms&#x5F3; bidding behavior and markups in sealed bid auctions. Using data from Austrian construction procurements, we estimate bidders&#x5F3; construction costs within a private value auction model. We find that markups of all bids submitted decrease by 1.5 percentage points in the recent economic crisis, markups of winning bids decrease by 3.3 percentage points. We also find that without the government stimulus package this decrease would have been larger. These two pieces of evidence point to pro-cyclical markups.</description><subject>Economics</subject><subject>Macroeconomics</subject><type>Other:Dataset</type><identifier>10.17632/yzxt6w47pc.1</identifier><rights>Attribution-NonCommercial 3.0 Unported</rights><rights>https://creativecommons.org/licenses/by-nc/3.0</rights><relation>https:/data.mendeley.com/datasets/yzxt6w47pc</relation><date>2016-12-09T14:44:51Z</date><recordID>0.17632-yzxt6w47pc.1</recordID></dc>
format Other:Dataset
Other
author Zulehner, Christine
title Data for: Competition in the economic crisis: Analysis of procurement auctions
publisher Mendeley
publishDate 2016
topic Economics
Macroeconomics
url https:/data.mendeley.com/datasets/yzxt6w47pc
contents Abstract of associated article: We study the effects of the recent economic crisis on firms׳ bidding behavior and markups in sealed bid auctions. Using data from Austrian construction procurements, we estimate bidders׳ construction costs within a private value auction model. We find that markups of all bids submitted decrease by 1.5 percentage points in the recent economic crisis, markups of winning bids decrease by 3.3 percentage points. We also find that without the government stimulus package this decrease would have been larger. These two pieces of evidence point to pro-cyclical markups.
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institution Universitas Islam Indragiri
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first_indexed 2020-04-08T08:28:37Z
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