Showing 1 - 10 of 88
This paper revisits, modifies, and combines elements of three major ‘institutional’ international-trade models, none of which has yet fully received the attention that it deserves, to provide a new explanation for the growth, decline, and then rebirth of internationally-oriented fairs in the...
Persistent link: https://www.econbiz.de/10005835820
Turkey is well behind the many countries according to socio-economic development criteria. Activities aim to make Istanbul a financial center seem paradoxical due to less developed and risky characteristics of national economy and financial system. It seems that these activities have both...
Persistent link: https://www.econbiz.de/10009650041
This report is a pre-final version of a report published by the Greater London Authority and the London Development … Agency in March 2008. It benchmarks London’s cultural offer against four other world cities: Paris,  New York, Tokyo and … version can be downloaded from http://www.london.gov.uk/mayor/culture/docs/cultural-audit.pdf The printed version includes …
Persistent link: https://www.econbiz.de/10005616877
This paper demonstrates how the transformation of the taxi industry is an example of Coase’s Theorem in practice. The Coase Theorem, as postulated by Nobel Laureate Ronald Coase (1991), is one of the simplest yet profound ideas in economics. The recent advent of new mobile app entrants in the...
Persistent link: https://www.econbiz.de/10011212222
How did modern and centralized fiscal institutions emerge? We develop a model that explains (i) why pre-industrial states relied on private individuals to collect taxes; (ii) why after 1600 both England and France moved from competitive methods for collecting revenues to allocating the right to...
Persistent link: https://www.econbiz.de/10011258689
In this article we propose a modification (extension) of the model for cost accounting in Bulgaria which will enable the gathering of information for the art and size of the transaction costs in an individual firm or organization. On the ground of prevailing classification schemata in economic...
Persistent link: https://www.econbiz.de/10011260102
This study while validating the increasing role for financial intermediaries in economic development has attempted to highlight the importance of reduction of transaction costs for financial deepening and consequent economic growth. It is elucidated that higher transaction costs of borrowing for...
Persistent link: https://www.econbiz.de/10011260268
This article explores the theoretical relationship between economic growth and transaction costs, including the historical background of the discussion. Causes and implications of the rapid enlargement of the Bulgarian transaction sector in the transition period are discussed in respect to...
Persistent link: https://www.econbiz.de/10011260448
Scholarly interest in the relationship between open strategies and innovation performance has been unfailing, and in recent years has even increased. The present paper focuses on inbound open strategies and reviews various approaches (transaction costs, competences, open innovation) dealing with...
Persistent link: https://www.econbiz.de/10009295280
This paper aims to relate the principles of Ronald Coase Theorem with negative impacts of biotechnology, taking cases of specific research groups and medium-sized companies in biotechnology. We consider an application of economic theory on transaction costs (TEC) provides a good foundation for...
Persistent link: https://www.econbiz.de/10009395480