JCR Category: Business in ESCI edition

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2023) 1.2 Q4
Journal Citation IndicatorTM (2023) 0.33 Q3
Received: 2018-07-10  |  Accepted: 2018-08-15  |  Published: 2018-09-30


Impact of production and transaction costs on companies’ performance according assessments of experts


Kazakhstan now actively supports the development of entrepreneurship and conducts diversification of the economy. However, the recent crisis has changed the world market and business performance in the country has deteriorated significantly. The presented research studies the directions and reasons for the growth of costs. Based on a mass survey of entrepreneurs, the impact of production and transaction costs on the activities of businesses was assessed. Reducing administrative barriers should also reduce costs across the entire front line between government and business. However, in the process of decisions development on priority areas for reducing costs, evaluations of experts unite and lose coherence. Economic assessments turn into political ones, while the degree of consensus (concordance) of opinions is low. This limits the reliability of the final data and the possibility of their application. In this study, the consistency assessment was carried out using the concordance coefficient.


entrepreneurship, business, production costs, transaction costs, survey, experts, consistency assessment, concordance, Kazakhstan

JEL classifications

C81 , C83






This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License


Petrenko, Yelena
Plekhanov Russian University of Economics, Moscow, Russian Federation
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Pizikov, Sergey
Foundation for Informational Support of Society Development, Ust-Kamenogorsk, Kazakhstan
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Mukaliev, Nurlan
Vima LLP, Nur-Sultan, Kazakhstan
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Mukazhan, Anuar
Tsesnabank JSC, Nur-Sultan, Kazakhstan
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Journal title

Entrepreneurship and Sustainability Issues





Issue date

September 2018

Issue DOI


ISSN 2345-0282 (online)


VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania


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