Replication data for: Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement
Principal Investigator(s): View help for Principal Investigator(s) Jeffrey B. Liebman; Neale Mahoney
Version: View help for Version V1
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text/plain | 14.6 KB | 10/11/2019 09:22:PM |
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Project Citation:
Liebman, Jeffrey B., and Mahoney, Neale. Replication data for: Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E112953V1
Project Description
Summary:
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Many organizations have budgets that expire at the end of the fiscal year and may face incentives to rush to spend resources on low-quality projects at year's end. We test these
predictions using data on procurement spending by the US federal government. Spending in the last week of the year is 4.9 times higher than the rest-of-the-year weekly average,
and year-end information technology projects have substantially lower quality ratings. We also analyze the gains from allowing agencies to roll over unused funds into the next
fiscal year.
Scope of Project
JEL Classification:
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H57 National Government Expenditures and Related Policies: Procurement
H61 National Budget; Budget Systems
H57 National Government Expenditures and Related Policies: Procurement
H61 National Budget; Budget Systems
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