Technical Efficiency of Producer Cooperatives versus Private Firms: A Longitudinal Empirical Study

In this paper, we hypothesize that producer cooperatives are more efficient than private firms, even when the impact of the political and economic environment is controlled for, and irrespective of the orientation with which efficiency is assessed; that is, whether firms target the reduction of inpu...

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Veröffentlicht in:	Journal of small business management 2019-07, Vol.57 (3), p.909-926
Hauptverfasser:	Kapelko, Magdalena, Moyano-fuentes, José, Núñez-nickel, Manuel
Format:	Artikel
Sprache:	eng
Schlagworte:	20th century Closely held corporations Companies Cooperatives Efficiency Olive oil Production cooperatives
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description	In this paper, we hypothesize that producer cooperatives are more efficient than private firms, even when the impact of the political and economic environment is controlled for, and irrespective of the orientation with which efficiency is assessed; that is, whether firms target the reduction of inputs or the expansion of outputs. The empirical application focuses on a longitudinal population of olive oil manufacturing firms operating in the south of Spain from 1944 to 1998. The analyses clearly show that producer cooperatives are more efficient than private firms.
doi_str_mv	10.1111/jsbm.12385
format	Article
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subjects	20th century Closely held corporations Companies Cooperatives Efficiency Olive oil Production cooperatives
title	Technical Efficiency of Producer Cooperatives versus Private Firms: A Longitudinal Empirical Study
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