The impact of contract enforcement costs on outsourcing and aggregate productivity
"Legal institutions affect economic outcomes, but how much? This paper documents how costly supplier contract enforcement shapes firm boundaries, and quantifies the impact of this transaction cost on aggregate productivity and welfare. I embed a contracting game between a buyer and a supplier i...
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
London
2015
LSE |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19108512124919267949-The-impact-of-contract-enforce.htm |
