Law and Peace: Contracts and the Success of the Danish Dairy Cooperatives
AbstractWe consider the successful early emergence of cooperative creameries in Denmark in the late nineteenth century within the framework of the ânew institutional economicsâ presented by Williamson (2000). Previous work has focused on the social cohesion of the Danes, but we demonstrate that this was not sufficient for the success. The Danish legal system, which we compare to that of other countries, was also of crucial importance, along with the way in which rules were monitored and enforced. Of particular importance was the Danish cooperativesâ use of contracts, which we explore with evidence from a variety of primary and secondary sources.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 72 (2012)
Issue (Month): 01 (March)
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Other versions of this item:
- Ingrid Henriksen & Morten Hviid & Paul Sharp, 2011. "Law and Peace: Contracts and the Success of the Danish Dairy Cooperatives," Discussion Papers 11-11, University of Copenhagen. Department of Economics.
- K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
- N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- KevinH. O'Rourke, 2007. "Culture, Conflict and Cooperation: Irish Dairying Before the Great War," Economic Journal, Royal Economic Society, vol. 117(523), pages 1357-1379, October.
- O'Rourke, Kevin H, 2002.
"Culture, Politics and Innovation: Evidence from the Creameries,"
CEPR Discussion Papers
3235, C.E.P.R. Discussion Papers.
- Kevin H. O'Rourke, 2001. "Culture, politics and innovation: evidence from the creameries," Trinity Economics Papers 200120, Trinity College Dublin, Department of Economics.
- Markus Lampe & Paul Sharp, 2013. "Greasing the Wheels of Rural Transformation? Margarine and the Competition for the British Butter Market," Working Papers 0043, European Historical Economics Society (EHES).
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