Abstract:
The objective of this work is to analyze the efficiency of cooperatives and non cooperatives in the Brazilian dairy industry. In the study, the conceptual bases of efficiency in the two different organizational forms are interpreted based on agency and property rights theories. The efficiency was measured by using Data Envelopment Analysis in a sample of 107 fluid milk processors. The results support the hypothesis that the cooperatives are less efficient than the non cooperatives in productive efficiency. Tobit models is used to investigate the variables more associated to the efficiency in the dairy industry, and to measure the impact in the level of efficiency of the organizations. The results argue about the importance of promoting differentiated politics for the improvement of the efficiency in the dairy industry.
JEL-codes:Q13 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-agr Date: 2005