The role of infrastructure in optimizing transaction costs of business

Authors

E. V. Liadova
Lobachevsky State University of Nizhni Novgorod, Russian Federation
T. P. Loginova
Lobachevsky State University of Nizhni Novgorod, Russian Federation

Abstract

It is shown that the degree of optimization of different types of transaction costs depends on the type and level of development of business infrastructure and the type of market structure. The elements of the infrastructure of private and public ownership with respect to the ability to provide the lowest transaction costs are compared. The authors determine the role of the state in the creation of mechanisms of multilateral and multifunctional provision of effective economic activity of economic entities.

Keywords

regional economy, digital opportunities of the regional economy, the system of information and management flows in the regional economy, electronic document flow, electronic signature

Authors Info

E. V. Liadova

Candidate of Economic Sciences, Associate Professor, Associate Professor of the Department of Economic Theory and Methodology at Lobachevsky State University of Nizhni Novgorod

T. P. Loginova

Candidate of Economic Sciences, Associate Professor, Associate Professor of the Department of Economic Theory and Methodology at Lobachevsky State University of Nizhni Novgorod

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Article Details

Issue

2019 · No. 1 (53)

Section

Institutional Economics

Publication History

Published 2019-03-11

How to Cite

[1]
Liadova E.V., Loginova T.P. The role of infrastructure in optimizing transaction costs of business // Economics: Theory and Practice. 2019. No 1 (53). С. 31–35. URL: https://etip.kubsu.ru/article/view/466

License

Copyright (c) 2025 E. V. Liadova, T. P. Loginova

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.