On the Transaction Costs of the Marketization Process

Author: Zhang Jihua
Publisher:
Publish Date: 2005-06-01
Features: This book is divided into seven chapters. Chapter 1 analyzes the concept of transaction costs; Chapter 2 elaborates on the theory and practice of marketization; Chapters 3 to 6 respectively study the significant impact of corporate property rights, government and law, credit, and technology on transaction costs; Chapter 7 argues the superiority of marketization and its decisive role in reducing transaction costs and increasing social wealth.