---
title: "Transaction costs research: papers and trends"
description: "From 2017 to 2026 (so far), the keyword “transaction costs” appeared in 1,201 papers in the tracked journals, most of them in finance (450), economics (418) and operations research (122)."
url: https://scholar4ai.com/keywords/transaction-costs
markdown_url: https://scholar4ai.com/keywords/transaction-costs.md
license: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/)
share_text: "From 2017 to 2026 (so far), the keyword “transaction costs” appeared in 1,201 papers in the tracked journals, most of them in finance (450), economics (418) and operations research (122). (as of 2026-11-03)"
data_url: https://scholar4ai.com/data/rankings.json
updated: 2026-11-03T18:03:37+09:00
window: 2026-10-05 to 2026-11-03
source: OpenAlex (CC0)
---

# Papers on “transaction costs”

Research on “transaction costs” in the 480 tracked journals: papers per year and category, the journals, institutions and countries publishing it, the keywords studied with it and its most-cited papers. It is not among the most frequent keywords of the last 30 days, so this page has no list of its latest papers.

Back to the ranking: https://scholar4ai.com/rankings/keywords.md

## Key findings

- From 2017 to 2026 (so far), the keyword “transaction costs” appeared in 1,201 papers in the tracked journals, most of them in finance (450), economics (418) and operations research (122).
- 142 of them were published in 2025, against 111 in 2017.
- Since 2023, the institutions with the most of these papers were Central University of Finance and Economics (12), Southwestern University of Finance and Economics (11) and University of Hong Kong (10).
- The journals publishing most of them were Finance research letters (45), International Review of Financial Analysis (24) and International Review of Economics & Finance (20).
- The most-cited of them is “Deep learning with long short-term memory networks for financial market predictions” (European Journal of Operational Research, 2017), with 2,828 citations.

## Papers per year

*Papers per publication year and category*

| Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (so far) |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| [Finance](https://scholar4ai.com/categories/finance.md) | 37 | 41 | 44 | 33 | 40 | 49 | 49 | 53 | 62 | 42 |
| [Economics](https://scholar4ai.com/categories/economics.md) | 39 | 50 | 35 | 30 | 44 | 41 | 50 | 44 | 48 | 37 |
| [Operations Research](https://scholar4ai.com/categories/operations-research.md) | 14 | 7 | 17 | 12 | 8 | 8 | 10 | 16 | 17 | 13 |
| [Management](https://scholar4ai.com/categories/management.md) | 9 | 6 | 9 | 9 | 8 | 15 | 5 | 7 | 6 | 10 |
| [AI](https://scholar4ai.com/categories/ai.md) | 4 | 7 | 5 | 8 | 6 | 4 | 7 | 3 | 1 | 5 |
| [Information Systems](https://scholar4ai.com/categories/information-systems.md) | 3 | 0 | 4 | 2 | 4 | 7 | 2 | 1 | 3 | 2 |
| [Marketing](https://scholar4ai.com/categories/marketing.md) | 2 | 3 | 1 | 1 | 3 | 2 | 3 | 0 | 0 | 1 |
| [Accounting](https://scholar4ai.com/categories/accounting.md) | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 3 | 3 |
| [Statistics](https://scholar4ai.com/categories/statistics.md) | 0 | 1 | 2 | 0 | 0 | 2 | 2 | 0 | 0 | 0 |
| [Tourism and Hospitality](https://scholar4ai.com/categories/tourism-and-hospitality.md) | 1 | 0 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 1 |
| [Health Economics and Policy](https://scholar4ai.com/categories/health-economics-and-policy.md) | 0 | 1 | 2 | 0 | 1 | 0 | 1 | 0 | 1 | 0 |
| [Higher Education and Research](https://scholar4ai.com/categories/higher-education-and-research.md) | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| All categories | 111 | 117 | 121 | 96 | 114 | 129 | 131 | 124 | 142 | 116 |

## Where the papers come from

*Journals with the most papers, since 2023*

| # | Journal | Papers |
|---:|---|---:|
| 1 | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 45 |
| 2 | [International Review of Financial Analysis](https://scholar4ai.com/journals/international-review-of-financial-analysis.md) | 24 |
| 3 | [International Review of Economics & Finance](https://scholar4ai.com/journals/international-review-of-economics-finance.md) | 20 |
| 4 | [Land Use Policy](https://scholar4ai.com/journals/land-use-policy.md) | 17 |
| 5 | [Computational Economics](https://scholar4ai.com/journals/computational-economics.md) | 17 |
| 6 | [Economic Analysis and Policy](https://scholar4ai.com/journals/economic-analysis-and-policy.md) | 16 |
| 7 | [Journal of Banking & Finance](https://scholar4ai.com/journals/journal-of-banking-finance.md) | 12 |
| 8 | [European Journal of Operational Research](https://scholar4ai.com/journals/european-journal-of-operational-research.md) | 10 |
| 9 | [Public Choice](https://scholar4ai.com/journals/public-choice.md) | 9 |
| 10 | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 9 |

*Institutions with the most papers, since 2023*

| # | Institution | Papers |
|---:|---|---:|
| 1 | [Central University of Finance and Economics](https://scholar4ai.com/institutions/central-university-of-finance-and-economics.md) | 12 |
| 2 | [Southwestern University of Finance and Economics](https://scholar4ai.com/institutions/southwestern-university-of-finance-and-economics.md) | 11 |
| 3 | [University of Hong Kong](https://scholar4ai.com/institutions/university-of-hong-kong.md) | 10 |
| 4 | [Peking University](https://scholar4ai.com/institutions/peking-university.md) | 9 |
| 5 | [University of International Business and Economics](https://scholar4ai.com/institutions/university-of-international-business-and-economics.md) | 8 |
| 6 | [Centre National de la Recherche Scientifique](https://scholar4ai.com/institutions/centre-national-de-la-recherche-scientifique.md) | 7 |
| 7 | [Fudan University](https://scholar4ai.com/institutions/fudan-university.md) | 6 |
| 8 | [Macquarie University](https://scholar4ai.com/institutions/macquarie-university.md) | 6 |
| 9 | [Renmin University of China](https://scholar4ai.com/institutions/renmin-university-of-china.md) | 6 |
| 10 | [University of California, Berkeley](https://scholar4ai.com/institutions/university-of-california-berkeley.md) | 6 |

*Countries with the most papers, since 2023*

| # | Country | Papers |
|---:|---|---:|
| 1 | China | 193 |
| 2 | United States | 100 |
| 3 | United Kingdom | 51 |
| 4 | Italy | 30 |
| 5 | Germany | 26 |
| 6 | India | 26 |
| 7 | Australia | 22 |
| 8 | Hong Kong | 22 |
| 9 | France | 21 |
| 10 | Canada | 16 |

*Keywords with the most papers, since 2023*

| # | Keyword | Papers |
|---:|---|---:|
| 1 | [China](https://scholar4ai.com/keywords/china.md) | 37 |
| 2 | [portfolio optimization](https://scholar4ai.com/keywords/portfolio-optimization.md) | 32 |
| 3 | [information asymmetry](https://scholar4ai.com/keywords/information-asymmetry.md) | 30 |
| 4 | [Chinese listed companies](https://scholar4ai.com/keywords/chinese-listed-companies.md) | 27 |
| 5 | [state-owned enterprises](https://scholar4ai.com/keywords/state-owned-enterprises.md) | 22 |
| 6 | Sharpe ratio | 20 |
| 7 | out-of-sample performance | 17 |
| 8 | [financial constraints](https://scholar4ai.com/keywords/financial-constraints.md) | 16 |
| 9 | [digital transformation](https://scholar4ai.com/keywords/digital-transformation.md) | 15 |

## Most-cited papers

*Most-cited papers since 2017*

| # | Citations | Per month | Title | Journal | Published | Authors |
|---:|---:|---:|---|---|---|---|
| 1 | 2,828 | 26.4 | [Deep learning with long short-term memory networks for financial market predictions](https://doi.org/10.1016/j.ejor.2017.11.054) | [European Journal of Operational Research](https://scholar4ai.com/journals/european-journal-of-operational-research.md) | 2017-12-05 | Thomas Günter Fischer, Christopher Krauß |
| 2 | 802 | 8.5 | [Blockchain Disruption and Decentralized Finance: The Rise of Decentralized Business Models](https://doi.org/10.1016/j.jbvi.2019.e00151) | [Journal of Business Venturing Insights](https://scholar4ai.com/journals/journal-of-business-venturing-insights.md) | 2019-01-01 | Yan Chen, Cristiano Bellavitis |
| 3 | 709 | 8.1 | [Blockchain and supply chain relations: A transaction cost theory perspective](https://doi.org/10.1016/j.pursup.2019.100552) | [Journal of Purchasing and Supply Management](https://scholar4ai.com/journals/journal-of-purchasing-and-supply-management.md) | 2019-07-12 | Christoph G. Schmidt, Stephan M. Wagner |
| 4 | 596 | 5.2 | [International business responses to institutional voids](https://doi.org/10.1057/s41267-017-0074-z) | [Journal of International Business Studies](https://scholar4ai.com/journals/journal-of-international-business-studies.md) | 2017-04-01 | Jonathan P. Doh, Suzana B. Rodrigues, Ayse Saka‐Helmhout et al. |
| 5 | 594 | 9.5 | [Machine learning in the Chinese stock market](https://doi.org/10.1016/j.jfineco.2021.08.017) | [Journal of Financial Economics](https://scholar4ai.com/journals/journal-of-financial-economics.md) | 2021-08-27 | Markus Leippold, Qian Wang, Wenyu Zhou |

## Cite this page

Scholar4AI. (2026). Papers on “transaction costs”. Journal and Conference Research Rankings. Retrieved November 3, 2026, from https://scholar4ai.com/keywords/transaction-costs

```bibtex
@misc{scholar4ai-keywords-transaction-costs,
  author = {{Scholar4AI}},
  title = {Papers on “transaction costs”},
  year = {2026},
  howpublished = {\url{https://scholar4ai.com/keywords/transaction-costs}},
  urldate = {2026-11-03},
  note = {Journal and Conference Research Rankings; data from OpenAlex (CC0); licensed CC BY-NC 4.0}
}
```

License: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/).