Narrow search
Showing 1 - 10 of 9,987
Cover Image
Do institutions Matter for economic performance? : theoretical insights and evidence from Turkey
Çetin, Tamer; Çicen, Yildirim B.; Eryigit, Kadir Y. - 2016
This paper studies whether institutions matter for economic performance. For this aim, we first construct a simple … framework illustrating how to examine the interaction between institutions and economic performance from a different point of … interaction between institutions and economic performance in Turkey. Co-integration analysis finds a long-run relationship between …
Persistent link: https://www.econbiz.de/10011558534
Cover Image
From institutions to financial development and growth : what are the links?
Fernández, Andrés; Tamayo, César E. - 2015
This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …
Persistent link: https://www.econbiz.de/10011290078
Cover Image
Transaction costs, market failures and economic development
Todorova, Tamara - 2016
This paper relates economic development to transaction costs. It reveals the triad transaction costs-market failure-economic underdevelopment. Many scholars attribute the problems of development to the failure of markets to perform their role of resource allocation. Some deny market failure and...
Persistent link: https://www.econbiz.de/10011648300
Cover Image
The influence of institutions on venture capital : how transaction costs, uncertainty, and change affect new ventures
Hoch, Felix; Lohwasser, Todor S. - 2019
institutions, despite that institutional environments undergo substantial and continuous changes in multiple dimensions. This study …
Persistent link: https://www.econbiz.de/10012104608
Cover Image
Economic vs. organizational perspective on interorganizational relations' analysis - are economists on the dead-end track?
Stępień, Beata; Sulimowska-Formowicz, Monika - 2015
Inter-organizational relations (IORs), complex constructs existing on the verge of companies' boundaries, are a popular area of managerial and academic investigation, due to their ability to create sustainable competitive advantage. The aim of the article is to show applicability, insights and...
Persistent link: https://www.econbiz.de/10012010731
Cover Image
Harvard, Chicago and Transaction Cost Economics in Antitrust Analysis
Hovenkamp, Herbert - 2010
Since Oliver Williamson published Markets and Hierarchies in 1975 transaction cost economics (TCE) has claimed an important place in antitrust, avoiding the extreme positions of the two once reigning schools of antitrust policy. At one extreme was the “structural” school, which saw market...
Persistent link: https://www.econbiz.de/10014195998
Cover Image
Financial Intermediaries and Economic Development – A Study of Transaction Costs of Borrowing for the Poor
Swamy, Vighneswara - 2012
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/10013102298
Cover Image
Transaction Costs and Institutional Change of Trade Litigations in Bulgaria
Nozharov, Shteryo - 2018
The methods of new institutional economics for identifying the transaction costs of trade litigations in Bulgaria are used in the current paper. For the needs of the research, an indicative model, measuring this type of costs on microeconomic level, is applied in the study. The main purpose of...
Persistent link: https://www.econbiz.de/10012914398
Cover Image
Networks and markets: The dynamic impacts of information, matching and transaction costs on trade
Kumagai, Yuki - 2010
The purpose of this paper is to explore strategic incentives to use trade networks rather than markets and shed light on the dynamic relation between the two distinct trading systems: a formal system of markets and a issues in the infinitely repeated multi-player prisoner's dilemma...
Persistent link: https://www.econbiz.de/10010277495
Cover Image
The effects of land redistribution : evidence from the French Revolution
Finley, Theresa; Franck, Raphaël; Johnson, Noel D. - 2020
This study exploits the confiscation and auctioning off of Church property that occurred during the French Revolution to assess the role played by transaction costs in delaying the reallocation of property rights in the aftermath of fundamental institutional reform. French districts with a...
Persistent link: https://www.econbiz.de/10012299758