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Do Labour Societies Perform Differently to Cooperatives? Evidence from the Spanish Building Industry

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  • Francisco J. Sáez-Fernández

    (Universidad de Granada, Spain)

  • Andrés J. Picazo-Tadeo

    (Universidad de Valencia, Spain)

  • Carmen Llorca-Rodríguez

    (Universidad de Granada, Spain)

Abstract

Cooperatives and Labour Societies are both Social Economy enterprises, but with noticeable differences, some of which are imposed by legislation in Spain. The aim of this paper is to study whether such differences affect their management capacity and, in particular, efficiency. In order to do so, we apply Data Envelopment Analysis (DEA) techniques to a sample of Spanish enterprises in the building industry and calculate indices of program efficiency. Results show that there is little difference between the performance of the two types of enterprises, although Cooperatives appear to have advantages over Labour Societies in regard to the management of working capital and, albeit to a lesser extent, labour.

Suggested Citation

  • Francisco J. Sáez-Fernández & Andrés J. Picazo-Tadeo & Carmen Llorca-Rodríguez, 2011. "Do Labour Societies Perform Differently to Cooperatives? Evidence from the Spanish Building Industry," Working Papers 1109, Department of Applied Economics II, Universidad de Valencia.
  • Handle: RePEc:eec:wpaper:1109
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    References listed on IDEAS

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    1. José Luis Monzon & Rafael Chaves, 2008. "The European Social Economy: Concept And Dimensions Of The Third Sector," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 79(3‐4), pages 549-577, September.
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    1. Mercedes Beltrán-Esteve & José Gómez-Limón & Andrés Picazo-Tadeo & Ernest Reig-Martínez, 2014. "A metafrontier directional distance function approach to assessing eco-efficiency," Journal of Productivity Analysis, Springer, vol. 41(1), pages 69-83, February.
    2. Mercedes Beltrán & Ernest Reig, 2014. "Comparing conventional and organic citrus grower efficiency in Spain," Working Papers 1406, Department of Applied Economics II, Universidad de Valencia.
    3. Marta Suárez-Varela & María los Ángeles García-Valiñas & Francisco González-Gómez & Andrés J Picazo-Tadeo, 2017. "Ownership and Performance in Water Services Revisited: Does Private Management Really Outperform Public?," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 31(8), pages 2355-2373, June.
    4. Beltrán-Esteve, Mercedes, 2013. "Assessing technical efficiency in traditional olive grove systems: a directional metadistance function approach," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 13(02), pages 1-24, December.
    5. Serra, Teresa & Poli, Elena, 2015. "Shadow prices of social capital in rural India, a nonparametric approach," European Journal of Operational Research, Elsevier, vol. 240(3), pages 892-903.

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