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The Greek Unions of Agricultural Cooperatives as efficient enterprises


  • Sergaki, Panagiota
  • Semos, Anastasios V.


This paper investigates the efficiency level of Unions of Agricultural Cooperatives (UAC) and Investor-Oriented Firms (IOF) in Greece. Data have been collected over a period of six years for UAC (1995-2000) and of five years for IOF (1995-1999). Financial analysis results were used with the help of 3SLS technique in a four equation simultaneous model in order to estimate those parameters, which would determine the efficiency level of the UAC and the IOF in Greece.

Suggested Citation

  • Sergaki, Panagiota & Semos, Anastasios V., 2006. "The Greek Unions of Agricultural Cooperatives as efficient enterprises," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 7(2), August.
  • Handle: RePEc:ags:aergaa:44110

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    References listed on IDEAS

    1. Thomas C. Beierle & David M. Konisky, 2000. "Values, conflict, and trust in participatory environmental planning," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(4), pages 587-602.
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    Cited by:

    1. Marco Fazzini & Antonella Russo, 2014. "Profitability in the Italian Wine Sector: An Empirical Analysis of Cooperatives and Investor-Owned Firms," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(3), pages 130-137, July.
    2. Salavou, Helen E. & Sergaki, Panagiota, 2013. "Generic Business Strategies in Greece: Private Food Firms versus Agricultural Cooperatives," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 41(1).


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