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Do labour-managed firms benefit from agglomeration?

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  • Arando, Saioa
  • Gago, Monica
  • Podivinsky, Jan M.
  • Stewart, Geoff

Abstract

Panel data on the entry of labour-managed firms in the Basque Country are used to test for the presence of agglomeration externalities. A variety of controls are employed to deal with the identification problem that confronts any attempt to measure such effects. Consistent with theoretical arguments, we find evidence of positive non-industry-specific externalities among labour-managed firms. Our results do not rule out the additional presence of industry-specific externalities among such firms, but do indicate an absence of externalities flowing from capitalist to labour-managed firms.

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  • Arando, Saioa & Gago, Monica & Podivinsky, Jan M. & Stewart, Geoff, 2012. "Do labour-managed firms benefit from agglomeration?," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 193-200.
    • Handle: RePEc:eee:jeborg:v:84:y:2012:i:1:p:193-200
    DOI: 10.1016/j.jebo.2012.07.014
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    2. Millán Díaz-Foncea & Carmen Marcuello, 2015. "Spatial patterns in new firm formation: are cooperatives different?," Small Business Economics, Springer, vol. 44(1), pages 171-187, January.
    3. Alves, Guillermo & Burdín, Gabriel & Dean, Andrés, 2016. "Workplace democracy and job flows," Journal of Comparative Economics, Elsevier, vol. 44(2), pages 258-271.
    4. Alireza Naghavi & Mohsen Shaeyan, 2023. "Qanats," Development Working Papers 486, Centro Studi Luca d'Agliano, University of Milano, revised 16 Jan 2024.
      • Alireza Naghavi & Mohsen Shaeyan, 2023. "Qanats," Working Papers 2307, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    5. Zhang, Xiaoqian & Yao, Shujie & Zheng, Weiwei & Fang, Jing, 2023. "On industrial agglomeration and industrial carbon productivity --- impact mechanism and nonlinear relationship," Energy, Elsevier, vol. 283(C).
    6. Virginie Pérotin, 2013. "Worker Cooperatives: Good, Sustainable Jobs in the Community," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 2(2), pages 34-47, May.
    7. Belloc, Filippo, 2017. "What deters labor-owned firm creation? Evidence from Italian manufacturing sectors," Journal of Comparative Economics, Elsevier, vol. 45(1), pages 139-153.
    8. Isabel Saz-Gil & Ignacio Bretos & Millán Díaz-Foncea, 2021. "Cooperatives and Social Capital: A Narrative Literature Review and Directions for Future Research," Sustainability, MDPI, vol. 13(2), pages 1-18, January.
    9. Onuoha & Onyekachi Chibueze, 2023. "Comparative Study of the Agro-Innovation Adoption among Members and Non-Members of Agricultural Cooperatives in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(10), pages 1263-1276, October.
    10. 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.
    11. Gabriel Burdín, 2016. "Equality Under Threat by the Talented: Evidence from Worker‐Managed Firms," Economic Journal, Royal Economic Society, vol. 126(594), pages 1372-1403, August.
    12. Dow,Gregory K., 2019. "The Labor-Managed Firm," Cambridge Books, Cambridge University Press, number 9781107589650, September.
    13. Adil Outla & Koraich Almahdi & Moustapha Hamzaoui, 2020. "Spatial and Externality Determinants of Co-operatives and their Growth Dynamics in Morocco," Working Papers hal-03089872, HAL.

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    More about this item

    Keywords

    Labour-managed firms; Cooperatives; Agglomeration;
    All these keywords.

    JEL classification:

    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises

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