منابع مشابه
Efficiency and Ownership: Evidence from Japanese Credit Cooperatives
Data envelopment analysis (DEA) is used to estimate the overall efficiency and productivity growth of credit cooperatives in Japan during 1992–1996. Overall efficiency is decomposed into output technical efficiency and input allocative efficiency. Twenty percent of all credit cooperatives in Japan are foreign owned with more than 90% of those owned by Koreans. The history of institutional discr...
متن کاملA Dynamic Theory of Cooperatives: The Link Between Efficiency and Valuation
Cooperative and mutual organisational forms arise for reasons that include contracting problems between parties. Economic literature suggests a variety of allocative inefficiencies implied by these forms that largely have their origins in poor investment decisions. We demonstrate that a multi-period model and the supplier and cooperative valuations it implies are essential for understanding the...
متن کاملBenchmarking the Efficiency of Philippines Electric Cooperatives Using Stochastic Frontier Analysis and Data Envelopment Analysis
This paper attempts to determine alternative methods of benchmarking the efficiency of electric companies to aid the regulator in crafting policies in enticing them to pursue more efficient production. This paper utilizes the data of electric cooperatives (ECs) in the Philippines, the one in charge of missionary electrification yet the smallest and most heavily indebted part of distribution sec...
متن کاملWorker Cooperatives and Democratic Governance
Worker Cooperatives and Democratic Governance A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective review of research in economics on worker cooperatives. It concentrates on the volatility of earnings and employment in the co-ops compared with conventional capitalist firms; on the long-term viability of co-ops; on the relative produc...
متن کاملFULTON Cooperatives and Member Commitment
Agricultural cooperatives around the world are facing major structural challenges as they respond to a more industrialized agriculture, globalization, and freer trade. Co-ops are responding to these changes by merging, by finding new ways of raising capital, and by developing new organizational forms such as New Generation Co-ops. One of the critically important issues co-ops face as they under...
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ژورنال
عنوان ژورنال: ASA Review of Books
سال: 1975
ISSN: 0364-1686
DOI: 10.2307/532494