Abstrak

This study explores the gas supply sector through an institutional lens, focusing on the insights of economists analyzing industries within this framework. It examines reform measures, transaction costs, and the positive and negative factors influencing the sector, highlighting various approaches to institutional transformation. Addressing a gap in understanding institutional impacts on gas supply, the research aims to develop proposals that incorporate these aspects. Utilizing a qualitative methodology, the study identifies key institutional barriers and opportunities for improvement. Findings emphasize the critical role of reducing transaction costs and aligning reforms with institutional dynamics, offering practical implications for enhancing sector efficiency and sustainability.

Kata Kunci
Institutional economics Transaction costs Transformation Institution Collective Learning Path dependence Strategy Concept
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