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Keywords: SME participation
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Journal Articles
Do firms submit fewer tender bids with high inflation? An analysis of firms’ participation in public procurement in the EU
Available to Purchase
Journal:
Journal of Public Procurement
Journal of Public Procurement (2024) 24 (4): 478–506.
Published: 15 October 2024
... of offers received per tender by 0.43%. A more marked reduction of 8.6% in the average number of offers and a decrease in 3.4 percentage points in the SME participation rate are observed for firms operating in sectors that experienced very high levels of inflation (>20% year-on-year rate of change...
