Are Cooperatives More Productive Than Investor-Owned Firms? Cross-Industry Evidence From Portugal
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Natália P. Monteiro & Odd Rune Straume, 2016. "Are cooperatives more productive than investor-owned firms? Cross-industry evidence from Portugal," NIPE Working Papers 9/2016, NIPE - Universidade do Minho.
References listed on IDEAS
- Sexton, Richard J. & Wilson, Brooks M. & Wann, Joyce J., 1989. "Some Tests Of The Economic Theory Of Cooperatives: Methodology And Application To Cotton Ginning," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(1), pages 1-11, July.
- Joachim Wagner, 2016.
"Exports and Productivity: A Survey of the Evidence from Firm Level Data,"
World Scientific Book Chapters, in: Microeconometrics of International Trade, chapter 1, pages 3-41,
World Scientific Publishing Co. Pte. Ltd..
- Joachim Wagner, 2007. "Exports and Productivity: A Survey of the Evidence from Firm‐level Data," The World Economy, Wiley Blackwell, vol. 30(1), pages 60-82, January.
- Wagner, Joachim, 2005. "Exports and Productivity: A survey of the evidence from firm level data," HWWA Discussion Papers 319, Hamburg Institute of International Economics (HWWA).
- Wagner, Joachim, 2005. "Exports and Productivity: A Survey of the Evidence from Firm Level Data," Discussion Paper Series 26308, Hamburg Institute of International Economics.
- Joachim Wagner, 2005. "Exports and Productivity: A Survey of the Evidence fro Firm Level Data," International Trade 0504005, University Library of Munich, Germany.
- Joachim Wagner, 2005. "Exports and Productivity: A survey of the evidence from firm level data," Working Paper Series in Economics 4, University of Lüneburg, Institute of Economics.
- Natália Monteiro & Geoff Stewart, 2015.
"Scale, Scope and Survival: A Comparison of Cooperative and Capitalist Modes of Production,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 47(1), pages 91-118, August.
- Natália Pimenta Monteiro & Geoff Stewart, 2013. "Scale, Scope and Survival: A Comparison of Cooperative and Capitalist Modes of Production," NIPE Working Papers 08/2013, NIPE - Universidade do Minho.
- Arellano, Manuel & Bover, Olympia, 1995.
"Another look at the instrumental variable estimation of error-components models,"
Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
- M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
- David Roodman, 2009.
"How to do xtabond2: An introduction to difference and system GMM in Stata,"
Stata Journal, StataCorp LP, vol. 9(1), pages 86-136, March.
- David Roodman, 2006. "How to Do xtabond2: An Introduction to "Difference" and "System" GMM in Stata," Working Papers 103, Center for Global Development.
- Chad Syverson, 2011.
"What Determines Productivity?,"
Journal of Economic Literature, American Economic Association, vol. 49(2), pages 326-365, June.
- Chad Syverson, 2010. "What Determines Productivity?," NBER Working Papers 15712, National Bureau of Economic Research, Inc.
- Richard Harris & Donald S. Siegel & Mike Wright, 2005. "Assessing the Impact of Management Buyouts on Economic Efficiency: Plant-Level Evidence from the United Kingdom," The Review of Economics and Statistics, MIT Press, vol. 87(1), pages 148-153, February.
- Satbir Singh & Tim Coelli & Euan Fleming, 2001. "Performance of Dairy Plants in the Cooperative and Private Sectors in India," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 72(4), pages 453-479, December.
- Sexton, Richard J. & Iskow, Julie, 1993. "What Do We Know About the Economic Efficiency of Cooperatives: An Evaluative Survey," Journal of Agricultural Cooperation, National Council of Farmer Cooperatives, vol. 8, pages 1-13.
- G.E. Boyle, 2004. "The economic efficiency of Irish dairy marketing co-operatives," Agribusiness, John Wiley & Sons, Ltd., vol. 20(2), pages 143-153.
- Nilsson, Jerker, 2001. "Organisational principles for co-operative firms," Scandinavian Journal of Management, Elsevier, vol. 17(3), pages 329-356, September.
- Chris Doucouliagos, 1997. "The Comparative Efficiency and Productivity of Labor-Managed and Capital-Managed Firms," Review of Radical Political Economics, Union for Radical Political Economics, vol. 29(2), pages 45-69, June.
- Doucouliagos, Hristos & Hone, Phillip, 2000. "The efficiency of the Australian dairy processing industry," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(3), pages 1-16.
- Will Bartlett & John Cable & Saul Estrin & Derek C. Jones & Stephen C. Smith, 1992. "Labor-Managed Cooperatives and Private Firms in North Central Italy: An Empirical Comparison," ILR Review, Cornell University, ILR School, vol. 46(1), pages 103-118, October.
- Rafat Soboh & Alfons Oude Lansink & Gert Van Dijk, 2012. "Efficiency of Cooperatives and Investor Owned Firms Revisited," Journal of Agricultural Economics, Wiley Blackwell, vol. 63(1), pages 142-157, February.
- Akridge, Jay T. & Hertel, Thomas W., 1992. "Cooperative and Investor-Oriented Firm Efficiency: A Multiproduct Analysis," Journal of Agricultural Cooperation, National Council of Farmer Cooperatives, vol. 7, pages 1-14.
- Michael L. Cook, 1995. "The Future of U.S. Agricultural Cooperatives: A Neo-Institutional Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(5), pages 1153-1159.
- Ferrantino Michael J. & Ferrier Gary D. & Linvill Carl B., 1995. "Organizational Form and Efficiency: Evidence from Indian Sugar Manufacturing," Journal of Comparative Economics, Elsevier, vol. 21(1), pages 29-53, August.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Rafat A. M. E. Soboh & Alfons Oude Lansink & Gerard Giesen & Gert van Dijk, 2009. "Performance Measurement of the Agricultural Marketing Cooperatives: The Gap between Theory and Practice," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(3), pages 446-469, September.
- R. Carson, 1977. "A Theory of Co-operatives," Canadian Journal of Economics, Canadian Economics Association, vol. 10(4), pages 565-589, November.
- Estrin, Saul, 1991. "Some reflections on self-management, social choice, and reform in eastern europe," Journal of Comparative Economics, Elsevier, vol. 15(2), pages 349-366, June.
- Rafat A. M. E. Soboh & Alfons Oude Lansink & Gerard Giesen & Gert van Dijk, 2009. "Performance Measurement of the Agricultural Marketing Cooperatives: The Gap between Theory and Practice," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(3), pages 446-469.
- Ortmann, Gerald F. & King, Robert P., 2007. "Agricultural Cooperatives I: History, Theory and Problems," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 46(1), pages 1-29, March.
- Arando, Saioa & Gago, Monica & Jones, Derek C. & Kato, Takao, 2011. "Efficiency in Employee-Owned Enterprises: An Econometric Case Study of Mondragon," IZA Discussion Papers 5711, Institute of Labor Economics (IZA).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Correa Mautz, Felipe, 2022. "Productividad comparada de las empresas de la economía social en Chile," Documentos de Proyectos 48386, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Carmen GUZMAN & Francisco J. SANTOS & María de la O BARROSO, 2020. "Cooperative Essence And Entrepreneurial Quality: A Comparative Contextual Analysis," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 91(1), pages 95-118, March.
- Zsuzsanna Kispál-Vitai & Yann Regnard & Klara Kövesi & Claude-André Guillotte, 2019. "Cooperative case studies from three countries: Is membership a problem or a solution in the 21st century?," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 467-485, December.
- Zsuzsanna Kispál-Vitai & Yann Regnard & Klara Kövesi & Claude-André Guillotte, 2019. "Cooperative case studies from three countries: Is membership a problem or a solution in the 21 st century?," Post-Print hal-02351404, HAL.
- Pablo Blanchard & Gabriel Burdín & Andrés Dean, 2023. "Property Rights and Effort Supply," Documentos de Trabajo (working papers) 23-01, Instituto de EconomÃa - IECON.
- Elena Meliá-Martí & Guillermina Tormo-Carbó & Juan Francisco Juliá-Igual, 2020. "Does Gender Diversity Affect Performance in Agri-Food Cooperatives? A Moderated Model," Sustainability, MDPI, vol. 12(16), pages 1-27, August.
- Andreea Preluca & Karin Hakelius & Cecilia Mark-Herbert, 2022. "Sustainability of Worker Co-Operatives," Sustainability, MDPI, vol. 14(18), pages 1-20, September.
- Marcelo Ferreira & Clea Macagnan & Daniel Vancin & Ana Toaldo, 2021. "Technical assistance: A determinant of cooperative member loyalty," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(4), pages 649-668, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Theo Benos & Nikos Kalogeras & Martin Wetzels & Ko De Ruyter & Joost M. E. Pennings, 2018. "Harnessing a ‘Currency Matrix’ for Performance Measurement in Cooperatives: A Multi-Phased Study," Sustainability, MDPI, vol. 10(12), pages 1-38, December.
- Caetano Luiz Beber & Sebastian Lakner & Ioannis Skevas, 2021. "Organizational forms and technical efficiency of the dairy processing industry in Southern Brazil," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 9(1), pages 1-22, December.
- Yu, L. & Huang, W., 2018. "Non-economic societal impact or economic revenue? Performance and efficiency analysis of farmer cooperatives in China," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277512, International Association of Agricultural Economists.
- Anne Musson & Damien Rousselière, 2020.
"Exploring the effect of crisis on cooperatives: a Bayesian performance analysis of French craftsmen cooperatives,"
Applied Economics, Taylor & Francis Journals, vol. 52(25), pages 2657-2678, May.
- Musson, Anne & Rousselière, Damien, 2018. "Exploring the effect of crisis on cooperatives: A Bayesian performance analysis of French craftsmen cooperatives," Working Papers 279350, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
- Anne Musson & Damien Rousselière, 2018. "Exploring the effect of crisis on cooperatives: A Bayesian performance analysis of French craftsmen cooperatives," Working Papers hal-01911612, HAL.
- Anne, Musson & Damien, Rousselière, 2018. "Exploring the effect of crisis on cooperatives: A Bayesian performance analysis of French craftsmen cooperatives," Working Papers SMART 18-07, INRAE UMR SMART.
- Kuhle Prudence Mnisi & Abdul Latif Alhassan, 2021. "Financial structure and cooperative efficiency: A pecking‐order evidence from sugarcane farmers in Eswatini," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(2), pages 261-281, June.
- Li, Ziran & Jacobs, Keri L. & Artz, Georgeanne M., 2012.
"The Relative Capital Structure of U.S. Agricultural Grain and Supply Cooperatives and Investor Owned Firms,"
2012 Annual Meeting, August 12-14, 2012, Seattle, Washington
124755, Agricultural and Applied Economics Association.
- Li, Ziran & Jacobs, Keri & Artz, Georgeanne M., 2014. "The Relative Capital Structure of Agricultural Grain and Supply Cooperatives and Investor Owned Firms," Staff General Research Papers Archive 37451, Iowa State University, Department of Economics.
- Martin Andersson & Hans Lööf, 2009.
"Learning‐by‐Exporting Revisited: The Role of Intensity and Persistence,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(4), pages 893-916, December.
- Andersson, Martin & Lööf, Hans, 2008. "Learning-by-Exporting Revisited - the role of intensity and persistence," Working Paper Series in Economics and Institutions of Innovation 149, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Benoît Mahy & François Rycx & Guillaume Vermeylen & Mélanie Volral, 2022. "Productivity and wage effects of firm‐level upstreamness: Evidence from Belgian linked panel data," The World Economy, Wiley Blackwell, vol. 45(7), pages 2222-2250, July.
- Pedro Albarran & Raquel Carrasco & Adelheid Holl, 2013. "Domestic transport infrastructure and firms’ export market participation," Small Business Economics, Springer, vol. 40(4), pages 879-898, May.
- Damien Rousselière, 2019.
"A Flexible Approach to Age Dependence in Organizational Mortality: Comparing the Life Duration for Cooperative and Non-Cooperative Enterprises Using a Bayesian Generalized Additive Discrete Time Survi,"
Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 17(4), pages 829-855, December.
- Damien Rousselière, 2017. "A flexible approach to age dependence in organizational mortality. Comparing the life duration for cooperative and non-cooperative enterprises using a Bayesian Generalized Additive Discrete Time Survi," Working Papers SMART 17-08, INRAE UMR SMART.
- Damien Rousselière, 2019. "A Flexible Approach to Age Dependence in Organizational Mortality: Comparing the Life Duration for Cooperative and Non-Cooperative Enterprises Using a Bayesian Generalized Additive Discrete Time Survi," Post-Print hal-02107866, HAL.
- Rousselière, Damien, 2017. "A flexible approach to age dependence in organizational mortality. Comparing the life duration of cooperative and non-cooperative enterprises using a Bayesian Generalized Additive Discrete Time Surviv," Working Papers 264214, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
- Rycx, François & Saks, Yves & Tojerow, Ilan, 2016.
"Misalignment of Productivity and Wages across Regions? Evidence from Belgian Matched Panel Data,"
IZA Discussion Papers
10336, Institute of Labor Economics (IZA).
- François Rycx & Yves Saks & Ilan Tojerow, 2016. "Misalignment of Productivity and Wages Across Regions ?Evidence from Belgian Matched Panel Data," Working Papers CEB 16-043, ULB -- Universite Libre de Bruxelles.
- François Rycx & Yves Saks & Ilan Tojerow, 2016. "Misalignment of productivity and wages across regions ? Evidence from Belgian matched panel data," Working Paper Research 300, National Bank of Belgium.
- Höhler Julia, 2017. "Heterogenität von Mitgliederstrukturen als Herausforderung für Genossenschaften im Agribusiness," Zeitschrift für das gesamte Genossenschaftswesen, De Gruyter, vol. 67(1), pages 21-35, March.
- Justine Valette & Paul Amadieu & Patrick Sentis, 2018. "Les coopératives résistent-elles mieux ? Une analyse de survie des coopératives agricoles françaises," Post-Print hal-01990418, HAL.
- Agbo, Maxime & Rousselière, Damien & Salanié, Julien, 2015.
"Agricultural marketing cooperatives with direct selling: A cooperative–non-cooperative game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 109(C), pages 56-71.
- Maxime Agbo & Damien Rousselière & Julien Salanié, 2014. "Agricultural marketing cooperatives with direct selling : A cooperative non cooperative game," Working Papers 1438, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Maxime Agbo & Damien Rousselière & Julien Salanié, 2014. "Agricultural marketing cooperatives with direct selling: A cooperative–non-cooperative game," Working Papers halshs-01098762, HAL.
- Martin Andersson & Hans Lööf, 2011.
"Agglomeration and productivity: evidence from firm-level data,"
The Annals of Regional Science, Springer;Western Regional Science Association, vol. 46(3), pages 601-620, June.
- Andersson, Martin & Lööf, Hans, 2009. "Agglomeration and Productivity - evidence from firm-level data," Working Paper Series in Economics and Institutions of Innovation 170, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Fabio Pieri & Riccardo Verruso, 2019. "The determinants of corporate profitability in the Italian domestic appliances industry," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(1), pages 83-115, March.
- Li, Ziran & Hang, Qian, 2014. "Pricing under Uncertainty in Agricultural Grain Markets and the Objectives of Cooperatives: A Mixed Oligopoly Analysis," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170206, Agricultural and Applied Economics Association.
- François Rycx & Yves Saks & Ilan Tojerow, 2015.
"Does Education Raise Productivity and Wages Equally? The Moderating Roles of Age, Gender and Industry,"
Working Paper Research
281, National Bank of Belgium.
- Rycx, François & Saks, Yves & Tojerow, Ilan, 2015. "Does Education Raise Productivity and Wages Equally? The Moderating Roles of Age, Gender and Industry," IZA Discussion Papers 9043, Institute of Labor Economics (IZA).
- François Rycx & Yves Saks & Ilan Tojerow, 2015. "Does Education Raise Productivity and Wages Equally ?The Moderating Roles of Age, Gender and Industry," DULBEA Working Papers 15-02, ULB -- Universite Libre de Bruxelles.
- François Rycx & Yves Saks & Ilan Tojerow, 2015. "Does Education Raise Productivity and Wages Equally ?The Moderating Roles of Age, Gender and Industry," Working Papers CEB 15-017, ULB -- Universite Libre de Bruxelles.
- repec:vuw:vuwscr:18942 is not listed on IDEAS
- Stephan Kampelmann & Benoit Mahy & François Rycx & Guillaume Vermeylen, 2016.
"Who is your perfect match? Educational norms, educational mismatch and firm profitability,"
Working Papers CEB
16-050, ULB -- Universite Libre de Bruxelles.
- François Rycx & Stephan Kampelmann & Benoit Mahy & Guillaume Vermeylen, 2016. "Who is your perfect match? Educational norms, educational mismatch and firm profitability," ULB Institutional Repository 2013/245817, ULB -- Universite Libre de Bruxelles.
- Kampelmann, Stephan & Mahy, Benoît & Rycx, François & Vermeylen, Guillaume, 2016. "Who Is Your Perfect Match? Educational Norms, Educational Mismatch and Firm Profitability," IZA Discussion Papers 10399, Institute of Labor Economics (IZA).
- Benoît Mahy & François Rycx & Guillaume Vermeylen & Mélanie Volral, 2018.
"Productivity, wages and profits: Does firms’ position in the value chain matter?,"
Working Paper Research
358, National Bank of Belgium.
- Mahy, Benoît & Rycx, François & Vermeylen, Guillaume & Volral, Mélanie, 2019. "Productivity, Wages and Profits: Does Firms' Position in the Value Chain Matter?," IZA Discussion Papers 12795, Institute of Labor Economics (IZA).
More about this item
JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
- P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises
- P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:annpce:v:89:y:2018:i:2:p:377-414. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1370-4788 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.