ROLE OF THE LOGISTICS IN DETERMINING THE SIZE AND THE STRUCTURE OF THE TRANSACTION COSTS IN EXPORT PRICE Cover Image

ROLE OF THE LOGISTICS IN DETERMINING THE SIZE AND THE STRUCTURE OF THE TRANSACTION COSTS IN EXPORT PRICE
ROLE OF THE LOGISTICS IN DETERMINING THE SIZE AND THE STRUCTURE OF THE TRANSACTION COSTS IN EXPORT PRICE

Author(s): Marek Minárik, Janka Pásztorová
Subject(s): Economy, Business Economy / Management
Published by: Икономически университет - Варна
Keywords: containerization; multimodality; transaction costs in export price; contracts
Summary/Abstract: The article evaluates the role of the logistics and the freight transport in determining the size and the structure of the transaction costs in export price. The research is mainly based on the Coase´s and Williamson´s theories about the contractual costs being the largest costs in the process of doing the international business. To determine the structure and the size of the transaction costs we applied the managerial model of the hypothetical export price structure based on the Transaction Costs Matrix. The research was based on selected regression analysis, the purpose of which was to evaluate a linkage between the costs to export of 1 TEU container and the quality of the business environment determined by selected indicators from the Global Competitiveness Index. Special analysis was used to identify selected indicators from the mentioned model of the hypothetical export price structure.