... and intermediary involvement on land rental prices can be attributed to a reduction in transaction costs. Originality/value First, this is the first to integrate social trust and intermediary involvement within a unified framework to reveal their combined effects on land rental prices. Second, the underlying...

...Kangkang Yu; Xinkai Zhu; Xuan Chen Purpose – The purpose of this paper is to investigate the relationship between transaction costs and the performance variance of peasant households and specialized cooperatives, as well as to explore whether or not this relationship varies across different...