结论是：只要竞争存在，交易或制度费用一定存在。
The upshot is that so long as competition exists, transaction/institution costs must also exist.
国家作为既定产权制度的执行者，将努力减低此类费用。
As the enforcer of property right system, the state would try to reduce this cost.
目前我国中央与地方分权制度存在谈判费用、执行费用和监督费用均过高的问题。
While the cost of banking supervision is indeed high, the cost of poor supervision.
一个有效率的制度结构能够提供降低交易费用的特定机制。
An efficient structure could provide a special mechanism to reduce trading cost.
一个有效率的制度结构能够提供降低交易费用的特定机制。
An efficient structure could provide a special mechanism to reduce trading cost.
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