# Communication costs

- Canonical URL: https://www.gerhardmerk.de/communication-costs
- Post ID: 590115
- Modified: 2023-07-25T21:00:50+00:00
- Language: en

## Definition

If not defined otherwise, the expenditure for the exchange of information in a company or in an industry. The ECB calculates the share of these costs because they allow comparative conclusions to be drawn about productivity trends. Thus, - computers and the Internet reduce communication costs, - enable faster adjustments to changing circumstances, and - promote decentralized forms of organization. The degree of flexibility of an economy is, however, a - decisive factor in determining the success of monetary policy. - See accessibility, empowerment, remote access, ICT-using industries, KLEMS database, productivity, rigidities, structural. - ECB Monthly Bulletin, January 2008, p. 69 ff. (here also references in the notes). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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