Scale, Scope and Survival: A Comparison of Cooperative and Capitalist Modes of Production

Natália Monteiro and Geoff Stewart (gs@soton.ac.uk)
Additional contact information
Geoff Stewart: Economics Division, University of Southampton

No 08/2013, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: This paper draws on a comprehensive data set from Portugal to investigate the activities, internal characteristics and survival prospects of cooperatives and capitalist enterprises. Consistent with theory, high levels of market concentration and low entry costs were shown to be conducive to cooperatives. Cooperatives were found to be, on average, older and to operate with a larger, more highly educated and more productive labour forces than their capitalist counterparts. Finally, we show that cooperatives have a markedly higher probability of survival than capitalist enterprises, even after controlling for industry and fi rm characteristics.

Keywords: Cooperatives; capitalist fi rms; firm ownership (search for similar items in EconPapers)
JEL-codes: J54 P12 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www3.eeg.uminho.pt/economia/nipe/docs/2013/NIPE_WP_08_2013.pdf (application/pdf)

Related works:
Journal Article: Scale, Scope and Survival: A Comparison of Cooperative and Capitalist Modes of Production (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nip:nipewp:08/2013

Ordering information: This working paper can be ordered from
nipe@eeg.uminho.pt

Access Statistics for this paper

More papers in NIPE Working Papers from NIPE - Universidade do Minho Núcleo de Investigação em Políticas Económicas e Empresariais, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal. Contact information at EDIRC.
Bibliographic data for series maintained by NIPE (nipe@eeg.uminho.pt).