Measuring the Local Economic Impact of Cooperatives
The ability to measure the economic importance of cooperatives to communities is not purely an academic question. Policy makers, cooperative organizations, and community development practitioners are increasingly asking for such information. The most commonly used methodology is input-output analysis. The limitations of input-output analysis when applied to cooperatives have not yet been comprehensively explained in the literature, although they significantly affect the application of the model as well as the interpretation of results. We discuss five issues that need to be addressed when using input-output models and suggest additional analysis that should be completed to gain an accurate assessment of the local economic impact of cooperatives.
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Volume (Year): 35 (2007)
Issue (Month): 1 ()
Pages:
| Handle: | RePEc:ags:jlorco:58682 |
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References listed on IDEAS
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- Connor, John M., 2005. "Price-Fixing Overcharges: Legal And Economic Evidence," 2005 Annual meeting, July 24-27, Providence, RI 19254, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Bangsund, Dean A. & Leistritz, F. Larry, 1998. "Economic Contribution Of The Sugarbeet Industry To North Dakota And Minnesota; Summary," Agricultural Economics Reports 23204, North Dakota State University, Department of Agribusiness and Applied Economics.
- Fulton, Murray E. & Ketilson, Lou Hammond, 1992. "The Role of Cooperatives in Communities: Examples from Saskatchewan," Journal of Agricultural Cooperation, National Council of Farmer Cooperatives, vol. 7.
- Bangsund, Dean A. & Leistritz, F. Larry, 1998. "Economic Contribution Of The Sugarbeet Industry To North Dakota And Minnesota," Agricultural Economics Reports 23450, North Dakota State University, Department of Agribusiness and Applied Economics.
- Zeuli, Kimberly A. & Radel, Jamie, 2005. "Cooperatives as a Community Development Strategy: Linking Theory and Practice," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 35(1).
- McNamara, Kevin T. & Fulton, Joan R. & Hine, Susan E., 2001. "The Economic Impacts Associated with Locally Owned Agricultural Cooperatives: A Comparison of the Great Plains and the Eastern Cornbelt," 2001 Annual Meeting, October 30-31 31819, NCERA-194 Research on Cooperatives.
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