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Determinants of public fund's savings formation via public procurement process

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dc.title Determinants of public fund's savings formation via public procurement process en
dc.contributor.author Gavurová, Beáta
dc.contributor.author Tkáčová, Andrea
dc.contributor.author Tuček, David
dc.relation.ispartof Administratie si Management Public
dc.identifier.issn 1583-9583 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2017
utb.relation.volume 2017
utb.relation.issue 28
dc.citation.spage 25
dc.citation.epage 44
dc.type article
dc.language.iso en
dc.publisher Academy of Economic Studies from Bucharest
dc.relation.uri https://search.proquest.com/docview/1912121079?pq-origsite=gscholar
dc.subject Linear regression en
dc.subject Public contract en
dc.subject Public procurement en
dc.subject Saving en
dc.description.abstract The aim of procurement is to achieve savings of public resources. Domestic and foreign studies point to the fact that the condition of achieving the savings is sufficient competition on the supply side. Slovakia currently belongs to the group of countries with low competition in public procurement deals. Furthermore, in this context we have compared the best practices of using public funds with regard to public procurement in the Czech Republic. The aim of this paper is to create and analyze models of the number of tenders subcontractor participation and open competition on the savings achieved in public procurement. Based on the Wilcoxon signed-rank test in the R software is demonstrated that public procurement in an average is a way to save public funds. Using linear regression in R program positive effect of the number of offers to saving process is identified. Across the investigated group as well as at dividing to limit and above the limit contracts, any further offer increased energy in average of 3%. Participation of the subcontractor has positive effect on savings in the whole study group and at above limit contracts over 1.35 million euros without value added tax. Open competition as a kind of public procurement is not statistically significant in pursuit of savings in procurement for a given sample. © 2017, Academy of Economic Studies from Bucharest. All rights reserved. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1007438
utb.identifier.obdid 43876542
utb.identifier.scopus 2-s2.0-85020396495
utb.source j-scopus
dc.date.accessioned 2017-09-08T12:14:56Z
dc.date.available 2017-09-08T12:14:56Z
dc.rights Attribution-ShareAlike 4.0 International
dc.rights.uri https://creativecommons.org/licenses/by-sa/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Tuček, David
utb.fulltext.affiliation Beata GAVUROVA 1, Andrea TKACOVA 2, David TUCEK 3 1 Associate Professor, Ph.D., Technical University of Košice, Faculty of Economics, Němcovej, Košice. Slovakia, e-mail: beata.gavurova@tuke.sk 2 Ph.D., Technical University of Košice, Faculty of Economics, Němcove, Košice. Slovakia, e-mail: andrea.tkacova@tuke.sk 3 Associate Professor, Ph.D., Tomas Bata University in Zlín, Faculty of Management and Economics, Mostní 5139, Zlín, Czech Republic. e-mail: tucek@fame.utb.cz
utb.fulltext.dates -
utb.scopus.affiliation Technical University of Košice, Faculty of Economics, Němcovej, Košice, Slovakia; Tomas Bata University in Zlín, Faculty of Management and Economics, Mostní 5139, Zlín, Czech Republic
utb.fulltext.faculty Faculty of Management and Economics
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