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The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.

Public procurement markets are often national a general agreement national preferencing. I exploit shocks occurring during the Covid-19 pandemic to two important factors, crisis urgency, measured through local infection rates, and increased buyer discretion, to study home bias in public procurement....

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Detalles Bibliográficos
Autor principal: Hanspach, Philip
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10287179/
https://www.ncbi.nlm.nih.gov/pubmed/37366401
http://dx.doi.org/10.1016/j.ijindorg.2023.102976
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author Hanspach, Philip
author_facet Hanspach, Philip
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description Public procurement markets are often national a general agreement national preferencing. I exploit shocks occurring during the Covid-19 pandemic to two important factors, crisis urgency, measured through local infection rates, and increased buyer discretion, to study home bias in public procurement. Two causal difference-in-difference analyses on novel data for medical supplies in Europe show that home bias is not inevitable. An increase in local infection rates by one standard deviation locally increases the share of cross-border procurement by 19.3 percentage points over a baseline of 1.5 percent. Also, deregulation that allowed for buyer discretion caused cross-border procurement to increase by more than 35 percentage points. A simple theoretical model systematizes these findings.
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spelling pubmed-102871792023-06-23 The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic. Hanspach, Philip Int J Ind Organ Article Public procurement markets are often national a general agreement national preferencing. I exploit shocks occurring during the Covid-19 pandemic to two important factors, crisis urgency, measured through local infection rates, and increased buyer discretion, to study home bias in public procurement. Two causal difference-in-difference analyses on novel data for medical supplies in Europe show that home bias is not inevitable. An increase in local infection rates by one standard deviation locally increases the share of cross-border procurement by 19.3 percentage points over a baseline of 1.5 percent. Also, deregulation that allowed for buyer discretion caused cross-border procurement to increase by more than 35 percentage points. A simple theoretical model systematizes these findings. Elsevier B.V. 2023-06-23 /pmc/articles/PMC10287179/ /pubmed/37366401 http://dx.doi.org/10.1016/j.ijindorg.2023.102976 Text en © 2023 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Hanspach, Philip
The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.
title The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.
title_full The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.
title_fullStr The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.
title_full_unstemmed The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.
title_short The home bias in procurement. Cross-border procurement of medical supplies during the Covid-19 pandemic.
title_sort home bias in procurement. cross-border procurement of medical supplies during the covid-19 pandemic.
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10287179/
https://www.ncbi.nlm.nih.gov/pubmed/37366401
http://dx.doi.org/10.1016/j.ijindorg.2023.102976
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