Singh, Nirvikar - In: Indian Growth and Development Review 1 (2008) 2, pp. 212-236
Purpose – The purpose of this paper is to examine the impact of transaction costs on economic welfare and development …, and the role of information technology (IT) in reducing transaction costs. Design/methodology/approach – The paper extends … goods, and estimate the welfare losses in the case of domestic transaction costs. The main analysis of the paper extends a …