Transformation costs
In economics, transformation costs are originally understood to mean the costs that arise from the temporal, spatial and / or physical or chemical transformation of a good ( expressed in production theory : during the transformation of inputs into ouputs). A distinction is made between production and distribution costs. The latter arise when a good is to be made closer to consumption.
In this sense, the term z. B. used in the chemical industry synonymous with conversion costs.
In a broader sense, however, this term today often refers to the costs of the transformation of companies and organizations (so-called conversion costs or remodeling costs, e.g. during and after restructuring, process optimization, mergers & acquisitions or changes in the legal form) or the costs of the market economy transformation of former socialist ones Societies (the so-called transformation societies ).
Individual evidence
- ↑ See e.g. B. Osram is facing restructuring , Börsen-Zeitung , October 27, 2012
- ↑ See e.g. B. Spitz u. a. (Ed.), World Economic Adjustment and Opening of the Eastern European Reform States: Transformation Costs , Trade Strategies , Ecological Modernization, Consumer Behavior, Human Capital , Berlin 1993, ISBN 3870614234 ; Change or give way - challenges of economic integration for Germany , special issue 3/1997 of the series of the Institute for Economic Research Halle