CONTROL MECHANISM AND DIRECTIONS FOR STATE REGULATION OF TRANSACTION COSTS
Journal Title: Схід - Year 2016, Vol 144, Issue 4
Abstract
The paper looks into a control mechanism and identifies some directions for state regulation of transaction costs, which comprise the following: a) summary of a range of program activities; b) determination of a goal and operational goals for development of a control system structure for transaction costs; c) improvement of the regulatory support of the dominant directions for minimization of transaction costs; d) decrease of a level of costs associated with transfer of ownership and overcoming of information non-transparency; e) strengthening the infrastructure support of state policy of transaction costs reduction. The author groups together those factors which influence the generation of transaction costs, examines the components of the economic freedom index and the dynamics of Heritage Foundation's transaction costs indicators in Ukraine in 2005-2016. The indicators of Ukraine are compared in the Doing Business rating over a period up to 2015-2016. It is pointed out that the institutional support (program activities) is of major importance in pursuing a sound state policy of transaction costs. The directions for state regulation of transaction costs have to include the following program activities: development of an information infrastructure, development of e-commerce, development of and affording access to Internet resources, development of such forms of business practice as delivery of seminars, warranty service, post-delivery maintenance, purchase of products by sample, implementation of cluster policy, organization of trading sites, development of an e-bidding system, future and option transactions, high-quality legal and economic support as well as skill formation.
Authors and Affiliations
Galyna Kolisnyk
Keywords
Related Articles
- EP ID EP425454
- DOI 10.21847/1728-9343.2016.4(144).77985
- Views 157
- Downloads 0
PECULIARITIES OF SOLVING PROBLEMS IN STRATEGIC CONSULTING
It is proved that the actions of strategic consulting in contrast to management one is focused, directed on an effective system of resource potential. Potential of consultants are considered as human capital. Actions are...
SOCIAL AND POLITICAL ORGANIZATION ACTIVITIES ON THE CRIMEAN PENINSULA IN THE CONTEXT OF THE FORMATION OF THE PRO-RUSSIAN SENTIMENT AMONG THE YOUTH (1993-2013)
The article deals the activities of social and political organizations of pro-Russian direction on the Crimea peninsula. The author defines that under the banner of maintaining relations with compatriots and the preserva...
The Fourth Wave. New industrialization. Altermodern: Cultural Explication of Concepts
The article is devoted to the culturological analysis of the new model of the subject in the twenty first century. The methodology of work is based on the wave theory of social development. Modern society enters the stat...
Technological and economic indicators evaluation in innovation process of oil and gas fielde development
A new analytical and algorithmic approach is proposed to evaluate the technical and economic parameters of the oil and gas field development option, taking into account the effect of obtaining economic benefits due to th...
COMMUNICATIVE CONDITIONALITY OF GENDER IDENTITY IN SOCIAL AND PHILOSOPHICAL DIMENSION
The essential factors of implementation of gender identification in the context of social and communication interaction have been considered in terms of the social and philosophical analysis. The author focuses on the ac...