Public investments and election cycle - microeconomic analysis
|Author:||Mgr. Adam Duraj|
|Year:||2020 - summer|
|Leaders:|| PhDr. Ing. Jiří Skuhrovec PhD.
|Work type:|| Economic Theory
|Awards and prizes:|
|Abstract:||Abstract The present thesis is devoted to public procurements. Our data set consists of 58 largest municipalities in the Czech Republic and our time period is 2017- 2018. The longer time period is not available in current data sources. We very broadly describe the process of data cleaning a then the creation of our testing data set. The primary aim of this thesis is to ﬁgure out whether higher expenses in diﬀerent types of public procurements (e.g. small-scale contracts in diﬀerent price limits, soft-service contracts, etc.) lead to a higher or lower probability of mayors‘ re-election. The regression equation is examined by the ordinary least squares method. We prove the hypotheses about the small-scale contracts in price limits around 6,0 million CZK and 200 000 CZK. These price limits lead to a higher probability of mayors’ re-election. Whether mayors spend more through these procurements in these price limits in election year then they have a higher probability that they are going to be re-elected. The hypotheses about the soft-service purchases or about the concluding the amendments are not proved. JEL Classiﬁcation C12, D72, H57, H72 Keywords public procurement, political cycle|