Earnings, Schooling and Social Capital of Cooperative Managers
This paper estimates a human capital model for co-operative managers and compares the results with the social capital model, based on a questionnaire distributed in Portugal in 2003. The study disentangles the relative contributions of the two competing theories of earnings: the human capital and social capital theories, as applied to co-operative managers. We conclude that co-operative managers' earnings are a function of both theories. Policy implications are derived. Copyright CIRIEC, 2006.
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Volume (Year): 77 (2006)
Issue (Month): 1 (03)
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