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These findings update the dominant wisdom that land values and material transaction costs drive smallholder land titling, demonstrating the important effect of status within the customary institution on demand for land titles.
Similar(59)
Capital-intensive projects, such as construction and the purchase of significant assets entails high transaction costs for materials as well as staff and can distract from wider development concerns.
His answer lay in "transaction costs", including the time and expense of hiring personnel, acquiring raw materials and marketing.
Transaction costs.
Transaction costs are additional.
Inevitably, this increases transaction costs.
Other transaction costs are minimal.
All incur massive transaction costs.
And transaction costs increased.
Transaction costs are tumbling.
Transaction costs are low.
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