Earnings, Schooling and Social Capital of Cooperative Managers

Carlos Barros

Annals of Public and Cooperative Economics, 2006, vol. 77, issue 1, 1-20

Abstract: Abstract**: This paper estimates a human capital model for co‐operative managers and compares the results with the social capital model, based on a questionnaire distributed in Portugal in 2003. The study disentangles the relative contributions of the two competing theories of earnings: the human capital and social capital theories, as applied to co‐operative managers. We conclude that co‐operative managers’ earnings are a function of both theories. Policy implications are derived.

Date: 2006
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