政府采购何以流标？——基于2018—2022年中国政府采购公告数据的实证分析

Abstract

As a common phenomenon in government procurement activities, tender failure has not yet attracted enough attention from academics, although it has attracted a lot of attention in the practical world. Based on transaction cost theory, resource base theory and strategic management environment theory, this paper empirically examines the effects of project properties, government capacity, and market environment on tender failure by using government procurement data of 286 prefecture-level cities across China from 2018 to 2022. It is found that: in the project properties dimension, asset specificity significantly increases the risk of tender failure for government procurement, while the impact of performance measurability is more complex, with service items having a lower impact on tender failure for government procurement than goods items but a higher impact than engineering items; in the government capacity dimension, the stronger the financial capacity, the higher the administrative capacity, and the better the government credibility of the government purchaser, the lower the likelihood of tender failure for government procurement, while procurement experience does not have a significant effect on tender failure for government procurement; in the market environment dimension, the density of economic activity and the business environment can effectively curb the risk of tender failure for government procurement. Dominance analysis shows that the government capability dimension has the greatest impact on tender failure for government procurement, followed by the market environment dimension, and the project properties dimension is the smallest. Heterogeneity analysis reveals that the impacts of asset specificity and the business environment on tender failure for government procurement exhibit both temporal and regional variations, whereas the effects of government credibility and economic activity density show only regional variations. The findings of this paper can provide theoretical and practical insights for preventing the risk of government procurement failure and optimizing the government procurement management mechanism.