Explaining the Informal Sector in Indonesia from the Transaction Costs Perspective
The informal sector in Indonesia is massive, and has become a challenge to the growth of the open market economy. Explanations of the cause of informality have shifted over time from structural dualism to excessive government regulation. This paper argues that merely focusing on the high cost regula...
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| Format: | Article |
| Language: | English |
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Universitas Gadjah Mada
2014-02-01
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| Series: | Gadjah Mada International Journal of Business |
| Online Access: | https://jurnal.ugm.ac.id/gamaijb/article/view/5465 |