3. We further develop a structural model that shows how hidden costs shape firms decision about donating and entering procurement markets ⚙️

Very proud of the team and this work! Link to the paper: www.juanfeliperiano.com/papers/procu...

1. Donor receive large returns and cost overruns even after supported politician leaves office: not just quid-pro-quo but long-term investment 💰

2. A nation-wide RCT with the Inspector General, NGOs, and media shows that deterring favoritism requires a credible threat of oversight and punishment ⚖️

Using linked administrative data on the universe of local public procurement and mandatory reports of political campaing contributions in Colombia 🇨🇴, we document how money distorts public procurement and why such distortions persist

Using linked administrative on the universe of local public procurement and mandatory reports of political campaign contributions in Colombia 🟡🔵🔴, we document how money distorts procurement and why such distortions persist