Procurement payment periods and political contributions: evidence from Brazilian municipalities

dc.contributor.authorBERNARDO DE OLIVEIRA GUERRA RICCA
dc.coverage.cidadeSão Paulopt_BR
dc.coverage.paisBrasilpt_BR
dc.date.accessioned2022-11-01T14:40:03Z
dc.date.available2022-11-01T14:40:03Z
dc.date.issued2019
dc.description.otherEvidence 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.extentp. 1-53pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4599
dc.language.isoInglêspt_BR
dc.publisherFGV EESPpt_BR
dc.rights.licenseO 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 EDITORpt_BR
dc.titleProcurement payment periods and political contributions: evidence from Brazilian municipalitiespt_BR
dc.typeconference paper
dspace.entity.typePublication
local.description.eventSeminário Acadêmico de Micro Aplicada e Econometriapt_BR
local.identifier.sourceUrihttps://eesp.fgv.br/evento/seminario-academico-de-micro-aplicada-e-econometria-19
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeTrabalho de Eventopt_BR
relation.isAuthorOfPublication4dce0df5-dad1-4a82-8586-44b30a3a4233
relation.isAuthorOfPublication.latestForDiscovery4dce0df5-dad1-4a82-8586-44b30a3a4233
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