PL EN


2014 | 62 | 4 | 411 – 424
Article title

TRANSAKČNÍ NÁKLADY VEŘEJNÝCH VÝDAJOVÝCH PROGRAMŮ

Authors
Content
Title variants
EN
Transaction costs of public expenditure programs
Languages of publication
CS
Abstracts
EN
The public expenditure programs create an integral and very important part of public expenditure. Their efficiency is greatly influenced by the value of transaction costs. This issue is currently being widely discussed both on the theoretical and the practical level. The aim of presented paper is to define the position of the transaction costs in methodological framework of 3E and to summarize the results of their measurements in the Czech Republic. The article divides transaction costs into two groups: administrative (expended by the program administrators) and compliance (expended by recipients). Presented results of empirical research clearly show that size of transaction costs is certainly significant. The value of relative administrative costs is between 0.1 and 4%. Significantly higher are, however, relative compliance costs; in some cases even reach 28%.
Contributors
author
  • Vysoká škola ekonomická v Praze, Fakulta financí a účetnictví, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic, pavelj@vse.cz
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.cejsh-52faf0f1-aff3-42aa-84fd-15420e9a965a
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