TRANSACTION COSTS IN THE CZECH AND SLOVAK E-PROCUREMENT: SELECTED ISSUES
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Year of publication | 2019 |
Type | Article in Proceedings |
Conference | Proceedings of the 16th International Scientific Conference European Financial Systems 2019 |
MU Faculty or unit | |
Citation | |
Keywords | public procurement; electronisation; transaction costs; Czech Republic; Slovakia |
Description | The goal of this paper was to calculate selected types of transaction costs of e-solutions in the public procurement in the Czech Republic and in the Slovak Republic. The first part of the analysis presented the estimates of the transaction costs of the Slovak e-market system, which is functional from 2012 and its current software available from 2014. The second part of the analysis presented similar calculations for the Czech national e-procurement tool – NEN. The calculated data have important methodological limitations and should not be used to say in definite way that e-procurement is very effective, or – opposite – too costly. However these data seem to suggest that electronisation of procurement has important potential, especially in situations when new electronic solutions are implemented for reasonable costs (no corruption) and serve to large number of purchasing operation (economies of scale). |
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