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The Role of the State as Guarantor of Public Services

Transaction Cost Issues and Empirical Evidence

Bibliographic Data

ID12614216
AuthorsGabriel Obermann (Vienna University of Economics and Business, corresponding author)
Year2007
Volume78
Issue3
Pages475-500
Publication date2007-08-28
Open AccessYes
TypeARTICLE
VenueAnnals of Public and Cooperative Economics (JOURNAL)
Journal identifiersISSN: 1370-4788 • E-ISSN: 1467-8292
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-8292.2007.00343.x
OpenAlexW1987150088
LanguageEN
Citations received9
References cited32

The aim of the paper is to take a closer look from a transaction cost perspective at empirical findings on the changing role of the State as a guarantor of public services. In recent years, a number of economic and legal research efforts have been devoted to analyse under which conditions and for which public services specific organizational forms and institutional arrangements would be adequate. The empirical evidence referred to for the public services supports in principle central statements and hypotheses of transaction cost theory and leads to some important conclusions for empirical research and for policy recommendations

Business · Database transaction · Economics · Empirical evidence · Empirical research · Perspective (graphical · Public economics · State (computer science · Transaction cost · Auction Theory and Applications · Computer Science · Corporate Taxation and Avoidance · Law, Economics, and Judicial Systems · Finance

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Citation span2008 - 2025 (18)
Highly citedNo

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