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Costos de formalización de las empresas: medición de los costos de transacción en Brasil

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Author Info

  • Decio Zylbersztajn

    ()
    (Universidad de Sao Paulo)

  • Carolina T. Graca

    ()
    (Universidad de Sao Paulo)

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    Abstract

    In the presence of positive transaction costs, institutions and the architecture of organizations take on fundamental importance. This paper measures costs of opening firms in the Brazilian garment industry. The measure of costs to start up a new business in the garment industry in Brazil shows a large variation between regions in the same city and between different areas of the country. Nine different procedures were found along with a time span of 64 days and an average cost of 11,3% of the GDP per capita. Also 39% of the firms declared that they operated informally for some time.

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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/dzylbersztajn9.pdf
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    Bibliographic Info

    Article provided by Universidad Externado de Colombia - Facultad de Economía in its journal Revista de Economía Institucional.

    Volume (Year): 5 (2003)
    Issue (Month): 9 (July-December)
    Pages: 146-165

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    Handle: RePEc:rei:ecoins:v:5:y:2003:i:9:p:146-165

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    Related research

    Keywords: entry costs; transaction costs measurement; firm behavior;

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    References

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    1. La Porta, Rafael & Lopez-de-Silanes, Florencio & Schleifer, Andrei & Vishny, Robert, 2001. "Investor Protection and Corporate Governance," Working Paper Series rwp01-017, Harvard University, John F. Kennedy School of Government.
    2. Barzel, Yoram, 1982. "Measurement Cost and the Organization of Markets," Journal of Law and Economics, University of Chicago Press, vol. 25(1), pages 27-48, April.
    3. Simeon Djankov & Rafael LaPorta & Florencio Lopez-de-Silanes & Andrei Shleifer, . "The Regulation of Entry," Working Paper 19462, Harvard University OpenScholar.
    4. Barzel,Yoram, 1997. "Economic Analysis of Property Rights," Cambridge Books, Cambridge University Press, number 9780521597135, April.
    5. Klaes, Matthias, 2000. "The Birth of the Concept of Transaction Costs: Issues and Controversies," Industrial and Corporate Change, Oxford University Press, vol. 9(4), pages 567-93, December.
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    Cited by:
    1. Fredriksson, Anders, 2014. "Bureaucracy intermediaries, corruption and red tape," Journal of Development Economics, Elsevier, vol. 108(C), pages 256-273.

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