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EN
Public-private partnership (PPP) is one of the methods of financing and satisfying the public needs, while limiting the public sector's role to an indispensable minimum. Prior to making decision on carrying out a public task by the PPP method, the public sector is due to prove higher effectiveness of this method compared to the traditional financing method. The necessary process of long-lasting analyses and negotiations can lead to generation of transaction costs higher than in the case of the traditional model of financing. Till now, in the pertinent literature little attention has been paid to transactional costs related to the establishment and maintenance of the public-private partnership; hence the attempt at revealing the determinants of transactional costs inherent in the contracts realized under the PPP formula.
EN
Based on the Transaction Costs Theory, this study is trying to find an answer to the following question: Why did big labor organizations come into existence in the beginning of the 19th century (and why did they grow even larger hundred years later)? It draws attention to the fact that the increase or decrease in size of the organizations is not merely due to the changes of the costs related to the use of the markets - as this would be the conclusion of the Transaction Costs Theory - but the costs related to enforcing and controlling the labor as well. Our main thesis is that there has been a new disciplinary, efficiency constraint 'technology' coming into existence that has decreased the operational costs of labor organizations, so that establishing organizations has remained a reasonable alternate after the evolving of the modern institutional system of the market.
EN
The article represents an attempt at identifying institutional barriers to the implementation of the Plan for the Development of Rural Areas. The author starts his analysis with a general description of the situation of Poland's rural areas and the role of human and social capital in their development. He claims that the sustainable development of rural areas is possible only when investments in infrastructure are accompanied by substantial investments in human and social resources, which are absent at present. Since it is assumed that the Plan for the Development of Rural Areas is an excellent instrument serving the development of the rural community the author also thinks it essential to determine the Plan's chances for implementation. The author applies analytical tools of the New Institutional Economy since efficient institutions - understood as the rules of the game, will probably be decisive for the degree of absorption of means available under the Plan. He also uses the results of a sociological survey of potential beneficiaries of the Plan's implementation, which was conducted for the Office of the Commissioner for European Integration by the Agency for Market Studies 'Opinia' in December 2003. The author divides the potential barriers to the use of means envisaged by the Plan into administrative (formal) barriers and mental (informal) barriers. The most serious formal barrier is the inefficient agricultural advisory system, whereas the most serious informal barriers are: the farmers' reluctance to form associations, their lack of initiative and creativity, and lack of confidence in their own abilities. In the conclusion of the article the author presents suggestions concerning actions that are necessary to ensure fuller utilisation of funds available under the Plan for the Development of Rural Areas.
EN
The problem of social responsibility (CSR) has been the subject of discussion, studies and papers for many years. As for the legitimacy of the premises, there is general agreement in the academic, social, and business arenas alike. However, studies done up to this point have indicated that there remains a relatively low level of awareness and a very limited degree of implementation of this concept in practice. This article proposes to use the concept of marketing in the process of coordinating relations between stakeholders. This approach could help to implement this concept in practice; it makes reference to well-known activities and tools in economics. The problem of applying marketing in CSR is also presented on the basis of the theory of transaction costs. It is pointed out that difficulties in the coordination process resulting from the emergence of a number of transaction costs discourage companies from introducing CSR. The article is a contribution to conducting in-depth studies in this field.
EN
The article deals with the operation of co-operatives in the food and agricultural sector in the conditions of ongoing globalisation and integration. The authors discuss the processes of globalisation, its concepts, characteristic features and results and they, next, concentrate their attention on the thesis that integration in the food and agricultural sector (in the form of co-operatives) is crucial for its protection against the discriminating market mechanism (of world prices) which limits the food self-sufficiency and profitability at the national level. The article ends in conclusions and suggestions for the Polish co-operative sector. The authors prove that co-operatives create a chance for a greater effectiveness of the allocation mechanism, which may be advantageous to both the producers of agricultural goods (in the form of higher purchasing prices) and intermediaries and processing firms (chances to minimize transaction costs).
EN
(Polish title: Koszty transakcyjne ponoszone przez ARiMR na pozyskiwanie wsparcia unijnego dla polskiej wsi i rolnictwa w latach 2004-2010). The author of the article tries to estimate the value of transaction costs incurred by the Agency for the Development and Modernization of Agriculture (ARiMR) in the process of securing EU support for Polish agriculture and rural areas in 2004-2010 and to determine the effectiveness of that process and its cost intensity. The conducted analysis has indicated that ARiMR belongs to the group of institutions of this type that are considered to be effective.
EN
The need to seek theoretical foundations of organisational networks is becoming an essential issue in enabling the creation, functioning and management of organisational networks to be formulated. The issues involved in organisational networks are becoming an ever more extensive professional field of knowledge. It remains now to seek possible connections with the great number of schools of theory and methodology. Both problems associated with managing organisational networks, and individual occurring processes in webs are closely tied to specific theories. The article explains the foundations of theoretical organisational networks looking at the development of the concept of the organisational network from an interdisciplinary perspective and offering an interpretation of the concept and functioning of organisational networks in the light of economic theory.
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%.
EN
The article presents basic assumptions and new theories of the firm connected with New Institutional Economics (NIE). NIE is regarded as a stream of research which enlarges and enriches the neoclassical economics. NIE, focuses on the phenomena ignored by the traditional economics. The research field of NIE is very diversified but the adhesive which integrates all its streams is the idea that the main determinants of the development are institutions. The following part of the article contains a brief presentation of the notion, the significance and the types of institutions. It is stated that the market and its mechanisms depend on the characteristics of institutions which define its naturę. Next the article presents briefly new theories of the firm related to NIE — the moral hazard or agency- theoretic approach, transaction cost economics approach and „capabilities" approach. The last part of the article examines the importance of institutions for creating the competitive advantage of a firm and of economies.
Ekonomista
|
2009
|
issue 6
743-760
EN
The objective of the paper is to present some arguments stemming from economic theories which tend to be overlooked in the debate on adoption of the common currency. The paper focuses on the issues of welfare and efficiency. In particular, the article is devoted to an analysis of the origins of transaction costs, the role of stabilization policies, market completeness and informational issues in the process of the determination of the optimal currency system. The paper shows that insights gained from economic theory on the issue of the adoption of euro as a common currency can in a meaningful and interesting manner complement the so far known results.
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