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Corrupting Cartels: An Overview of the Petrobras Case

Author

Listed:
  • Spagnolo, Giancarlo

    (Stockholm Institute of Transition Economics)

  • Barbosa, Kleno

    (Stockholm Institute of Transition Economics)

Abstract

This paper provides an overview of the corruption case and the connected cartels that affected one of the biggest Brazilian state-owned companies, Petrobras, and the highly controversial ‘Operation Car Wash’. We focus on the behavior of cartel members and study the size of the contracts affected or potentially affected by the illegal activity, comparing them with comparable sets of contracts selected with three different matching approaches.

Suggested Citation

  • Spagnolo, Giancarlo & Barbosa, Kleno, 2019. "Corrupting Cartels: An Overview of the Petrobras Case," SITE Working Paper Series 51, Stockholm School of Economics, Stockholm Institute of Transition Economics, revised 30 Oct 2019.
    • Handle: RePEc:hhs:hasite:0051
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    References listed on IDEAS

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    1. Dimitri,Nicola & Piga,Gustavo & Spagnolo,Giancarlo (ed.), 2006. "Handbook of Procurement," Cambridge Books, Cambridge University Press, number 9780521870733, October.
    2. Barbosa, Klênio & Fiuza, Eduardo Pedral Sampaio, 2012. "Demand aggregation and credit risk effects in pooled procurement: evidence from the Brazilian public purchases of pharmaceuticals and medical supplies," Textos para discussão 299, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Corruption; Cartels; Brazil;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other

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