TRANSACTION COSTS IN THE CZECH AND SLOVAK E-PROCUREMENT: SELECTED ISSUES

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Authors

NEMEC Juraj ŠUMPÍKOVÁ Markéta ORVISKA Marta GREGA Matuš

Year of publication 2019
Type Article in Proceedings
Conference Proceedings of the 16th International Scientific Conference European Financial Systems 2019
MU Faculty or unit

Faculty of Economics and Administration

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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