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Title:Transaction Costs and the Political Economy of Trade Policy
Author(s):Mahmud, Munir
Doctoral Committee Chair(s):Hadi Salehi Esfahani
Department / Program:Economics
Discipline:Economics
Degree Granting Institution:University of Illinois at Urbana-Champaign
Degree:Ph.D.
Genre:Dissertation
Subject(s):Economics, Theory
Abstract:The third paper provides a transaction cost explanation to the pattern of industrial expansion in the ready-made garment sector of Bangladesh. It shows how economic policies through their effect on property rights can change transaction cost and thereby affect economic outcome. The paper argued that low transaction cost is the cause of the observed predominantly horizontal industrial expansion in the ready-made garment sector of Bangladesh. It also showed how economic policies at different stages affected the expansion pattern by changing the transaction cost of operation in this sector. The paper also explains why a similar expansion did not take place in the linkage industries and how the scope of post contractual opportunism and the requirement of transaction specific assets play the key roles in this regard.
Issue Date:1997
Type:Text
Language:English
Description:96 p.
Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1997.
URI:http://hdl.handle.net/2142/85625
Other Identifier(s):(MiAaPQ)AAI9812691
Date Available in IDEALS:2015-09-25
Date Deposited:1997


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