Labour Managed vs Private Firms: An Empirical Comparison of Cooperatives and Private Firms in Central Italy
AbstractThe paper analyses the difference between the behaviour of private firms and producer cooperatives in a matched sample of the two organisational types from Northern Italy, the region with the largest concentration of cooperatives in the world. It therefore offers for the first time reliable and detailed comparative information on key issues such as investment, productivity, wages, employment and industrial relations. Among the more interesting findings are the absence of significant differences with regard to investment horizons and criteria for finance, despite theoretical assertions to the contrary. However, it would appear that cooperatives substitutes labour effort for capital, and achieve higher productivity and better industrial relations, as well as significantly narrower wage differentials.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0017.
Date of creation: Jan 1991
Date of revision:
Contact details of provider:
Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.