• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, Electronic Journals Library , EBSCO
    • E-mail: ijtef.editorial.office@gmail.com
HOME > Archive > 2021 > Volume 12 Number 4 (Aug. 2021) >
IJTEF 2021 Vol.12(4): 99-103 ISSN: 2010-023X
DOI: 10.18178/ijtef.2021.12.4.701

Market Entry in Public Procurement

Koki Arai

Abstract—This study analyzed market entry timing based on the procurement data of construction works of the eight Regional Development Bureaus of Japan’s Ministry of Land, Infrastructure, Transport and Tourism. After reviewing key aspects, a regression analysis was performed on the possible factors leading to entry. We found that when an efficient company enters the market, the number of bids is large and there are many tender participants, regardless of the previous bid rate and predetermined planned price trend.

Index Terms—Bidding price, Japan, market entry, public procurement.

Koki Arai is with the Faculty of Business, Kyoritsu Women’s University, Tokyo, 101-8437 Japan (e-mail: koki.arai@nifty.ne.jp).

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Cite: Koki Arai, "Market Entry in Public Procurement," International Journal of Trade, Economics and Finance vol.12, no.4, pp. 99-103, 2021.

Copyright © 2021 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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