ECONOMIA COSTURILOR DE TRANZACTIE: DELIMITARI CONCEPTUALE SI PRELIMINARII EMPIRICE

Cosmin Marinescu
Additional contact information
Cosmin Marinescu: Departamentul de Economie si Politici Economice din cadrul ASE Bucuresti

Studii Economice from Institutul National de Cercetari Economice (INCE)

Abstract: The study illustrates the fundamental theoretical research on the issue of transaction costs, as reflected in the institutional analysis entitled „Transaction Costs Economics”. In order to obtain the empirical operationalization of transaction costs and, so, the valuation of their implication over economic activity, the analyse will critical distinguish between neoclasical perspective and the property rights approach. From the conceptual and methodological point of view, but also as institutional importance of transaction costs, I have introduced an original taxonomy. This is about “market transaction costs” (specific to contractual and free market institutions), on the one hand, and “imposed transaction costs” (according to formal institutons that involves administrative compliance of the economic agents), on the other hand.

Keywords: Transaction Costs; Institutions; Property Rights; Economic Performance (search for similar items in EconPapers)
JEL-codes: B52 D23 O43 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2012-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.studii-economice.ro/2012/seince120527.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ror:seince:120527

Access Statistics for this paper

More papers in Studii Economice from Institutul National de Cercetari Economice (INCE) Contact information at EDIRC.
Bibliographic data for series maintained by Dan Constantin ().