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Financial Constraints And Technical Efficiency: Some Empirical Evidence For Italian Producers' Cooperatives

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  • Ornella Wanda Maietta
  • Vania Sena

Abstract

In this paper, we test the extent to which producers' cooperatives can experience an increase in technical efficiency following a tightening of financial constraints. This hypothesis is tested on a sample of Italian conventional and cooperative firms for the wine production and processing sector, using frontier analysis. The results support the hypothesis that increasing financial pressure can affect positively the cooperatives efficiency. Copyright � 2010 The Authors Journal compilation � CIRIEC 2010.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Annals of Public and Cooperative Economics.

Volume (Year): 81 (2010)
Issue (Month): 1 (03)
Pages: 21-38

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Handle: RePEc:bla:annpce:v:81:y:2010:i:1:p:21-38

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Cited by:
  1. MG. Brandano & C. Detotto & M. Vannini, 2012. "Comparative efficiency of producer cooperatives and conventional firms in a sample of quasi-twin companies," Working Paper CRENoS 201228, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  2. Alí Colina Rojas & Pilar Zarzosa Espina, 2012. "Comparative productivity analysis between labour-managed firms and conventional capitalist companies in Spain," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 37(33), pages 11-41, January-j.
  3. 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.

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