Procurement payment periods and political contributions: evidence from Brazilian municipalities
dc.contributor.author | BERNARDO DE OLIVEIRA GUERRA RICCA | |
dc.coverage.cidade | São Paulo | pt_BR |
dc.coverage.pais | Brasil | pt_BR |
dc.date.accessioned | 2022-11-01T14:40:03Z | |
dc.date.available | 2022-11-01T14:40:03Z | |
dc.date.issued | 2019 | |
dc.description.other | Evidence of quid pro quo in public procurement persists despite the increasing adop tion of competitive auctions. One possible explanation is that donors receive pref erential treatment after the bidding stage. I test for the existence of a new channel through which politicians can exchange favors with campaign donors: different pay ment periods in procurement contracts. I explore an electoral reform that bans corporate contributions. The reform partially breaks down the relationship be tween donors and politicians: firms that donate in the previous election can no longer commit to contributing with the same intensity in the next election. Using a within-firm difference-in-differences identification strategy, I find that the payment period to firms that donate to the coalition government increases by five days after the reform. I study the heterogeneity of this effect and find that it is larger in municipalities with low liquidity and for contracts allocated through competitive procurement methods. My results point to the importance of designing rules that curb discretion over payment periods. | pt_BR |
dc.format.extent | p. 1-53 | pt_BR |
dc.format.medium | Digital | pt_BR |
dc.identifier.uri | https://repositorio.insper.edu.br/handle/11224/4599 | |
dc.language.iso | Inglês | pt_BR |
dc.publisher | FGV EESP | pt_BR |
dc.rights.license | O INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITOR | pt_BR |
dc.title | Procurement payment periods and political contributions: evidence from Brazilian municipalities | pt_BR |
dc.type | conference paper | |
dspace.entity.type | Publication | |
local.description.event | Seminário Acadêmico de Micro Aplicada e Econometria | pt_BR |
local.identifier.sourceUri | https://eesp.fgv.br/evento/seminario-academico-de-micro-aplicada-e-econometria-19 | |
local.subject.cnpq | Ciências Sociais Aplicadas | pt_BR |
local.type | Trabalho de Evento | pt_BR |
relation.isAuthorOfPublication | 4dce0df5-dad1-4a82-8586-44b30a3a4233 | |
relation.isAuthorOfPublication.latestForDiscovery | 4dce0df5-dad1-4a82-8586-44b30a3a4233 |
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