This study empirically investigates the impact of public procurement regulation quality on the competition for tenders and the cost-effectiveness of awarded contracts, by employing the World Bank’s Benchmarking Public Procurement and EuroPAM Public Procurement quality scores. Using extensive data on public procurement in the European Economic Area, Switzerland, and Macedonia, the analysis in this paper shows that higher quality public procurement regulatory regimes are associated with higher levels of competition and cost-effectiveness. Improved regulation quality significantly increases the number of bidders and the probability that the procurement price is lower than the estimated cost.

中文翻译：

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公共采购法规对竞争和成本效益的影响

本研究通过使用世界银行基准公共采购和EuroPAM公共采购质量评分，实证研究了公共采购法规质量对招标竞争和中标合同成本效益的影响。通过使用欧洲经济区，瑞士和马其顿的公共采购的大量数据，本文的分析表明，较高质量的公共采购监管制度与更高水平的竞争和成本效益相关。改进的监管质量显着增加了投标人的数量，并增加了采购价格低于估算成本的可能性。