Object

Title: Understanding transaction costs in the mesoeconomic perspective

Creator:

Mroczek-Dąbrowska, Katarzyna ; Gorynia, Marian

Description:

Argumenta Oeconomica, 2019, Nr 1 (42), s. 337-360

Abstrakt:

The aim of this article is to provide an insight into understanding transaction costs on other than the company level. Using the literature review, the foundations of the new institutional economics are evoked to verify whether any obstacles exist that would prevent translating the analysis into the mesoeconomic level. Furthermore, referring to Coase’s suggestion on bonding economics and accounting, a proposal for industry-level operationalisation is presented, based on profit and loss account and highlights different elements of transaction costs. The proposal constitutes a starting point for further meso or macro-economic estimations. It also suggests a more in-depth way of estimating the value of transaction costs in industries and economies that could constitute an alternative for the Wallis and North’s previous estimations of transaction services estimations

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2019

Resource Type:

artykuł

Resource Identifier:

doi:10.15611/aoe.2019.1.14 ; oai:dbc.wroc.pl:68018

Language:

eng

Relation:

Argumenta Oeconomica, 2019, Nr 1 (42)

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-NC-ND 3.0 PL

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Group publication title:

Argumenta Oeconomica

Object collections:

Last modified:

Jun 6, 2019

In our library since:

May 23, 2019

Number of object content hits:

20

All available object's versions:

https://dbc.wroc.pl/publication/129868

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