Information Technology, Transactions Costs and Patterns Of Globalization in Developing Countries

Jeffrey James

Review of Social Economy, 2002, vol. 60, issue 4, 507-519

Abstract: Though there are a number of mechanisms through which information technology promotes globalization, what is common to these mechanisms is that they can all be interpreted as a reduction in transactions costs between the trading partners. Thus interpreted, we show that developing countries differ in the extent to which, via reductions in transactions costs, they gain from increased trade and foreign investment as ratios to total output.

Keywords: Information Technology; Transactions Costs And Globalization (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (8)

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DOI: 10.1080/0034676022000028046

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