PDF icon Download This Paper Open PDF in Browser
Add Paper to My Library
Permalink
Using the URL or DOI link below will ensure access to this page indefinitely
Copy URL
Copy URL

Measuring Transaction Costs Using Survey Data on Sales Agreements

11 Pages Posted: 1 Feb 2010

See all articles by Peter Murrell

Peter Murrell

University of Maryland - Department of Economics

Radu A. Paun

Competition Council of Romania

Date Written: February 1, 2010

Abstract

A methodology is presented for transaction-cost measurement using reports from businesses. In Romania, transaction costs related to buying and selling are more than 20% of value added. The estimates correlate significantly with variables suggested by theory, indicating validity.

Keywords: transaction costs, measurement, new institutional economics, Romania

JEL Classification: L14, D23, C81, P2

Suggested Citation

Murrell, Peter and Paun, Radu A., Measuring Transaction Costs Using Survey Data on Sales Agreements (February 1, 2010). Available at SSRN: https://ssrn.com/abstract=1545860 or http://dx.doi.org/10.2139/ssrn.1545860

Peter Murrell (Contact Author)

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States
301-405-3476 (Phone)
301-405-3542 (Fax)

Radu A. Paun

Competition Council of Romania ( email )

Bucharest
Romania
+40214054445 (Phone)
+40214054408 (Fax)

PDF icon Download This Paper Open PDF in Browser

Register to save articles to
your library

Register

Paper statistics

Downloads
277
Abstract Views
1,481
rank
109,745
8 References
PlumX Metrics

Related eJournals

Recommended Papers