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Възможност За Счетоводно Отчитане На Транзакционните Разходи В Предприятията
[A Possible Way to Estimate Transaction Costs Through the Firm's Accounting System]

Author

Listed:
  • Sedlarski, Teodor
  • Ankova, Iliana

Abstract

In this article we propose a modification (extension) of the model for cost accounting in Bulgaria which will enable the gathering of information for the art and size of the transaction costs in an individual firm or organization. On the ground of prevailing classification schemata in economic literature we substantiate the implementation of a system of additional sub and analytical accounts in order to better inform the management’s decision making in respect of organizing transactions in the firm. The aggregation of the data can be used as an alternative measuring approach to previously developed methods for estimating the size of the Bulgarian transaction sector.

Suggested Citation

  • Sedlarski, Teodor & Ankova, Iliana, 2010. "Възможност За Счетоводно Отчитане На Транзакционните Разходи В Предприятията [A Possible Way to Estimate Transaction Costs Through the Firm's Accounting System]," MPRA Paper 52428, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:52428
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    File URL: https://mpra.ub.uni-muenchen.de/52428/1/MPRA_paper_52428.pdf
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    References listed on IDEAS

    as
    1. Ning Wang, 2007. "Measuring Transaction Costs: Diverging Approaches, Contending Practices," Division of Labor & Transaction Costs (DLTC), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 111-146.
    2. Frederic L. Pryor, 2008. "Transaction Costs on a National Level: Causes and Consequences," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 164(4), pages 676-695, December.
    3. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    4. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    5. George Chobanov & Henrik Egbert, 2007. "The Rise of the Transaction Sector in the Bulgarian Economy," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 49(4), pages 683-698, December.
    6. Tamara Todorova, 2003. "Before and after Coase - The Role of Transaction Costs," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 26-31.
    7. Tamara Todorova, 2004. "The Firm in the Context of the Theory of Transaction Costs," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 55-74.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Transaction costs; cost accounting; cost effectiveness;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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