Bischoff, Ivo; Bohnet, Armin - In: Journal of Economics and Statistics (Jahrbuecher fuer … 220 (2000) 4, pp. 419-437
Transaction costs have become a major topic of research in the last decades. However, there is still a great shortage of empirical approaches to their effects on the economic performance. A short review of these empirical studies indicates that the impact of transaction costs on economic growth...