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Synergies among ownership forms and cooperating territories: The case of wine

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  • Vaquero-Piñeiro, Cristina
  • Salvatici, Luca
  • Zago, Angelo

Abstract

This paper investigates the effectiveness of cooperative ownership and its enhancement through territorial cooperation by analysing Italian wine firms (2012–2022) using a novel dataset and matching strategies. Results reveal that, when economic performances are properly measured, cooperative ownership generates more economic benefits and can thus become a driver of local development. The effect of cooperating territories goes above and beyond institutional quality, capturing a different measure of firm-level territorial cooperation, not strictly and only mediated by better public institutions. The paper supports the relevance of cooperative ownership for local economies and advocates policies fostering social networks and community-led initiatives.

Suggested Citation

  • Vaquero-Piñeiro, Cristina & Salvatici, Luca & Zago, Angelo, 2025. "Synergies among ownership forms and cooperating territories: The case of wine," Food Policy, Elsevier, vol. 135(C).
    • Handle: RePEc:eee:jfpoli:v:135:y:2025:i:c:s0306919225001435
    DOI: 10.1016/j.foodpol.2025.102938
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    Keywords

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    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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