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Costos de formalización de las empresas: medición de los costos de transacción en Brasil

Decio Zylbersztajn () and Carolina T. Graca ()
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Decio Zylbersztajn: Universidad de Sao Paulo
Carolina T. Graca: Universidad de Sao Paulo

Revista de Economía Institucional, 2003, vol. 5, issue 9, 146-165

Abstract: In the presence of positive transaction costs, institutions and the architecture of organizations take on fundamental importance. This paper measures costs of opening firms in the Brazilian garment industry. The measure of costs to start up a new business in the garment industry in Brazil shows a large variation between regions in the same city and between different areas of the country. Nine different procedures were found along with a time span of 64 days and an average cost of 11,3% of the GDP per capita. Also 39% of the firms declared that they operated informally for some time.

Keywords: entry costs; transaction costs measurement; firm behavior (search for similar items in EconPapers)
JEL-codes: D23 L11 L20 L69 (search for similar items in EconPapers)
Date: 2003
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