Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/69553
Authors: 
Galletta, Sergio
Jametti, Mario
Redonda, Agustin
Year of Publication: 
2012
Series/Report no.: 
CESifo Working Paper: Industrial Organisation 4048
Abstract: 
The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of competition in public works tenders in the DRC. Using a unique and newly assembled database on tenders we find that the number of participating bidders and the observed spread of submitted bids both significantly reduce contract prices, confirming our prior that competitive pressure can enhance the overall performance of the sector.
Subjects: 
construction
competition
tenders
public works
JEL: 
D44
L13
L74
Document Type: 
Working Paper

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