Is competition able to counteract the inefficiency of corruption? The case of Italian public works

Castro, Massimo Finocchiaro; Guccio, Calogero; Pignataro, Giacomo; Rizzo, Ilde

doi:10.1007/s40812-017-0086-5

Cited by 19 publications

(5 citation statements)

References 47 publications

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“…Secondly, considering separately the two phenomena, it does not allow for the evaluation of the overall performance of the procurer in carrying out the contract. To account for those limitations, we employ the approach first proposed by Guccio et al, (2012) to evaluate the performance in the execution of public works and largely adopted in the literature (see among several others, Finocchiaro Castro et al, 2014;Ancarani et al, 2016;Cavalieri et al, 2017;2018;Finocchiaro Castro et al, 2018;Lisciandra et al, 2022). Indeed, the proposed approach aims at measuring the procurers' capacity in achieving both the targeted results of time and costs, through a benchmarking of their performance, regarding as best performers those procurers that minimize the actual time and costs of execution of public works.…”

Section: Methods and Empirical Strategymentioning

confidence: 99%

How 'One-Size-Fits-All' Public Works Contract Does It Better? An Assessment of Infrastructure Provision in Italy

2023

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Section: Methods and Empirical Strategymentioning

confidence: 99%

How 'One-Size-Fits-All' Public Works Contract Does It Better? An Assessment of Infrastructure Provision in Italy

2023

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“…Test for unit roots. Coviello et al (2018), andFinocchiaro Castro et al (2018). However, these studies concentrate on a single component of the institutional environment's quality-corruption-without considering other potentially significant indices of institutions.…”

Section: T a B L Ementioning

confidence: 99%

Analysing governance‐led infrastructural development nexus in sub‐Saharan Africa: Does the moderating role of institutional quality matter?

Appiah,

Onifade,

Gyamfi

2024

Growth and Change

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Governments engage in infrastructural developments across the globe, and the level of success often colligates with institutional quality levels. However, despite the presence of governance, the lack of well‐developed infrastructure has bedevilled sub‐Saharan African (SSA) countries for decades. Therefore, this study investigates the governance‐led infrastructural development hypothesis for the SSA region from an institutional quality perspective towards addressing the infrastructural deficit challenges of the region. A combination of advanced panel econometric techniques was applied to data collected from the African Development Bank, World Bank World Development Indicator, and International Monetary Fund (IMF) to investigate the governance‐led infrastructural development hypothesis in SSA while controlling for financial development, economic growth, and industrialization in the region. The findings show that the interaction of institutional quality measures and governance indicators significantly and positively induces infrastructure in sub‐Saharan Africa (SSA). Additionally, while economic growth and financial development yield no expected significant influence on infrastructural developments, industrialization plays a crucial role, as its spillover effects are not confined to boosting economic growth alone but also to infrastructural transformations. Thus, the provision of policy frameworks by authorities to strengthen institutions and promote good governance is vital for articulating and facilitating infrastructural development plans for SSA.

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“…Some recent empirical studies (Francois et al 2009; Baldi et al 2016; Coviello & Gagliarducci, 2017; Coviello et al 2018; Finocchiaro Castro et al 2018) investigate the role of institutional environment quality, finding that the characteristics of the local area where public works are completed are significantly related to public procurement outcomes. Overall, these studies concentrate on a single component (corruption) of the institutional environment’s quality without considering its many other potentially significant characteristics.…”

Section: Literature Reviewmentioning

confidence: 99%

Building Critical Infrastructures: Evaluating the Roles of Governance and Institutions in Infrastructural Developments in Sub-Sahara African Countries

2022

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Background The Sub-Saharan African (SSA) region has notably been in the limelight of infrastructural deficit discussions over the decades. Although the region’s infrastructural development is gradually improving, the levels and pace of development remain generally poor compared to the rest of the world. Objectives This study thus aims to empirically examine the roles of governance and institutions in infrastructural developments in the Sub-Sahara African (SSA) region toward addressing the pressing needs for critical infrastructures for the region. Research Designs The empirical strategies utilized in the study include the Common Correlated Efficient Mean Group (CCEMG) and Dynamic CCEMG methods among others. These empirical approaches were applied to analyze data on governance and institutional quality proxies for the SSA region to achieve the study’s objectives while controlling for the effects of industrial value-added, foreign capital inflow (FDI), and overall economic growth for the understudied period (1990–2019). Results The results reflect the essence of governance and institutional quality as these variables significantly boost infrastructural development in SSA. In addition, industrialization and growth also show a favorable impact on the development of infrastructure thus reflecting that the transition from agrarian to industrial economies occurs in parallel with infrastructure development in the SSA. However, FDI inflows were not found to be significantly instrumental to infrastructural development in the region. Conclusions Hence, the SSA must strive to strengthen institutions and harmonize their industrial and economic push with infrastructural developments while encouraging potential foreign investors to diversify investments to infrastructural projects beyond the usual primary sector/resource-based activities.

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Is competition able to counteract the inefficiency of corruption? The case of Italian public works

Cited by 19 publications

References 47 publications

How 'One-Size-Fits-All' Public Works Contract Does It Better? An Assessment of Infrastructure Provision in Italy

How 'One-Size-Fits-All' Public Works Contract Does It Better? An Assessment of Infrastructure Provision in Italy

Analysing governance‐led infrastructural development nexus in sub‐Saharan Africa: Does the moderating role of institutional quality matter?

Building Critical Infrastructures: Evaluating the Roles of Governance and Institutions in Infrastructural Developments in Sub-Sahara African Countries

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