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- W2361546663 abstract "This empirical research analyzed three dimensions affecting transaction costs on agricultural land circulation,which initially verified Williamson’s hypothesis.It is found that:(1) Asset specificity affects the transaction costs significantly.Physical asset specificity is conducive to large-scale operation.Conditioning human capital and location specificity increase the transaction costs.(2)There is positive correlation between transaction frequency and transaction costs.In the same environment,it is required the appropriate regulation corresponding to transaction frequency.(3) Uncertainty of peasant behavior and policy affects transaction costs,reflecting the important role of a stable land ownership." @default.
- W2361546663 created "2016-06-24" @default.
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- W2361546663 date "2010-01-01" @default.
- W2361546663 modified "2023-09-26" @default.
- W2361546663 title "Transaction Costs of Agricultural Land Circulation:Based on Williamson’s Paradigm and Evidences from Guangdong Provice" @default.
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