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Industry And Size Effects In Agricultural Cooperatives

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  • Lerman, Zvi
  • Parliament, Claudia

Abstract

The objective of this study is to determine if there are important size and industry effects on financial performance of cooperatives. The analysis of a sample of 43 cooperatives over the period 1970-1987 indicates that large cooperatives are more efficient in utilization of their assets, while small cooperatives have higher profitability. The dairy cooperatives appear to be the strongest performers among the four industries studied. The food marketing cooperatives, many of which engage in value added processing, are characterized by the lowest performance measures. The most striking trend effect estimated from this sample is the decline in profitability for all industry and size categories.

Suggested Citation

  • Lerman, Zvi & Parliament, Claudia, 1989. "Industry And Size Effects In Agricultural Cooperatives," Staff Papers 14248, University of Minnesota, Department of Applied Economics.
    • Handle: RePEc:ags:umaesp:14248
    DOI: 10.22004/ag.econ.14248
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    File URL: https://ageconsearch.umn.edu/record/14248/files/p89-40.pdf
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    References listed on IDEAS

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    1. Parliament, Claudia & Lerman, Zvi & Fulton, Joan R., 1990. "Performance of Cooperatives and Investor-Owned Firms in the Dairy Industry," Journal of Agricultural Cooperation, National Council of Farmer Cooperatives, vol. 5, pages 1-16.
    2. Kwo-Shin Chen & Emerson M. Babb & Lee F. Schrader, 1985. "Growth of large cooperative and proprietary firms in the US food sector," Agribusiness, John Wiley & Sons, Ltd., vol. 1(2), pages 201-210.
    3. Babb, Emerson M. & Lang, Mahlon G., 1985. "Implications of Comparative Performance of Cooperatives and Investor Owned Firms," North Central Region Archives 303324, North Central Region - North Central Cooperative Extension Association (NCCEA).
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    Cited by:

    1. Evans, Lewis & Meade, Richard, 2005. "The Role and Significance of Cooperatives in New Zealand Agriculture, A Comparative Institutional Analysis," Working Paper Series 18942, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    2. Wooseung Jang & Cerry Klein, 2011. "Supply chain models for small agricultural enterprises," Annals of Operations Research, Springer, vol. 190(1), pages 359-374, October.
    3. Evans, Lewis & Meade, Richard, 2005. "The Role and Significance of Cooperatives in New Zealand Agriculture, A Comparative Institutional Analysis," Working Paper Series 3847, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    4. Lerman, Zvi & Parliament, Claudia, 1990. "Comparative Performance Of Food-Processing Cooperatives And Investor-Owned Firms," Staff Papers 13455, University of Minnesota, Department of Applied Economics.
    5. Lerman, Zvi & Parliament, Claudia, 1990. "Comparative Performance of Food-Processing Cooperatives and Investor-Owned Firms in the U.S," Working Papers 232668, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
    6. repec:vuw:vuwscr:18942 is not listed on IDEAS

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