Investment Decisions In New Generation Cooperatives: A Case Study Of Value Added Products (Vap) Cooperative In Alva, Oklahoma
Explaining the phenomena of new generation cooperatives development is important to understand why some producers invest in new generation cooperative investment and some do not. Results from Tobit analysis suggests that non-monetary benefits from investment are significant factors that influence producer investment decisions in new generation cooperative.
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- Staatz, John M., 1989. "Farmer Cooperative Theory: Recent Developments," Research Reports 52017, United States Department of Agriculture, Rural Development Business and Cooperative Programs.
- George W. Ladd, 1974. "A Model of a Bargaining Cooperative," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(3), pages 509-519.
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- Richard J. Sexton, 1990. "Imperfect Competition in Agricultural Markets and the Role of Cooperatives: A Spatial Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 709-720.
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