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The Transaction Costs Perspective on Standards as a Source of Trade and Productivity Growth
den Butter, Frank A.G.; Groot, Stefan P.T.; Lazrak, Faroek - 2007
This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...
Persistent link: https://www.econbiz.de/10010325142
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Is More Entrepreneurship better?
Koellinger, Philipp; Roessler, Christian - 2009
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10010325799
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Intermediaries in international trade: Direct versus indirect modes of export
Bernard, Andrew B.; Grazzi, Marco; Tomasi, Chiara - 2010
This paper contributes to the relatively new literature on the role of intermediaries in international trade. Using Italian firm-level data, we document significant differences between exporters of different types and highlight the role of country-specific fixed cost in the choice of direct...
Persistent link: https://www.econbiz.de/10010328365
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Intermediaries in international trade: Direct versus indirect modes of export
Bernard, Andrew B.; Grazzi, Marco; Tomasi, Chiara - 2010
This paper contributes to the relatively new literature on the role of intermediaries in international trade. Using Italian firm-level data, we document significant differences between exporters of different types and highlight the role of country-specific fixed cost in the choice of direct...
Persistent link: https://www.econbiz.de/10011506719
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Limited financial market participation: A transaction cost-based explantation
Paiella, Monica - 2001
This paper focuses on the issue of limited financial market participation and determines a lower bound on the level of fixed transaction costs that are required to reconcile observed portfolio choices with asset returns within an isoelastic utility framework. The bound is determined from the set...
Persistent link: https://www.econbiz.de/10010293023
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Global Climate Policy and Corresponding Activities on a City-Level
Sippel, Maike - 2004
Cities are not affected by global climate policy and the Kyoto Protocol – however many of them engage in voluntary activities. This paper analyses how communities in general and especially the city of Hamburg can contribute to global climate protection in their citypartnerships according to...
Persistent link: https://www.econbiz.de/10010295413
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Competition intensity, potential competition and transaction cost economics
Busse, Matthias - 2002
Determinanten des Globalisierungsgrades einer Branche ist die Höhe der Transaktionskosten. Niedrige Transaktionskosten führen … tendenziell zu globalisierten Märkten, hohe Transaktionskosten entsprechend zu segmentierten Märkten. Hinzu kommt, dass … Transaktionskosten auch Auskunft über den Grad des potentiellen Wettbewerbs geben können. Damit erhalten Wettbewerbsbehörden einen …
Persistent link: https://www.econbiz.de/10010295506
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Transaktionskosten und Wettbewerbspolitik
Busse, Matthias - 2001
Branche vor allem durch die Höhe der Transaktionskosten. Niedrige Transaktionskosten führen tendenziell zu globalisierten … Märkten, hohe Transaktionskosten zu segmentierten Märkten. Damit kommt den Transaktionskosten eine erhebliche Bedeutung im … Determinanten zu beachten. Zudem sind die Transaktionskosten nur relativ ungenau zu berechnen, weshalb dieser Ansatz nicht allgemein …
Persistent link: https://www.econbiz.de/10010295596
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Conflict of law rules and international trade : a transaction costs approach
Kirstein, Roland; Schmidtchen, Dieter; Neunzig, Alexander R. - 2004
Der Beitrag stellt eine auf der Transaktionskosten-Ökonomik basierende Analyse von Kollisionsnormen vor. Hierzu wird …
Persistent link: https://www.econbiz.de/10010296890
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The Role of Transaction Costs and Risk Premia in the Determination of Climate Change Policy Responses
Stronzik, Marcus; Hunt, Alistair; Eckermann, Frauke; … - 2003
Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and emissions trading. However, they can have a significant influence. With regard to the project-based mechanisms, the factor that most determines the influence of transaction costs...
Persistent link: https://www.econbiz.de/10010297308