EconPapers    
Economics at your fingertips  
 

The importance of co-operatives to the New Zealand economy: Constructing a co-operative economy

Morris Altman ()

International Journal of Social Economics, 2017, vol. 44, issue 12, 2086-2096

Abstract: Purpose - The purpose of this paper is to measure the size of New Zealand’s co-operative sector, in terms of its direct contribution to output and employment as well as its indirect impact. This adds to the construction of a rigorous representation of the global co-operative economy. Design/methodology/approach - The findings here are based on data derived largely from surveying the co-operative sector in 2012. A value added approach is used to estimate the co-ops sector’s contribution to New Zealand’s GNP. Findings - The author estimates suggest that the cooperative sector is much larger, even in its direct impact on the economy, than the prior estimates indicate. Research limitations/implications - Assumptions were made on the size contribution of missing firms and the value added contribution of co-ops. These assumptions need to be interrogated and improved upon, albeit the assumptions are designed to generate lower bound size estimates. Practical implications - The methodology adopted in this paper can be used to develop more rigorous estimates of the size of the co-op sector globally. Social implications - The results empirically challenge the worldview of conventional economics that co-ops are not economically sustainable, where co-ops offer a more equitable and democratic mode for production and development. Originality/value - This paper presents revised, relatively robust, and methodologically transparent estimates of the size of New Zealand’s co-operative sector. These estimates suggest a much larger sector than previously thought. The methodology developed here can contribute to developing more robust estimates of the size of the co-op sector globally.

Keywords: Co-operatives; Co-operative advantage; New Zealand co-operative sector; Size of co-operative sector; Value added methodology (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.emeraldinsight.com/10.1108/IJSE-06-2016 ... RePEc&WT.mc_id=RePEc (text/html)
Access to full text is restricted to subscribers

Related works:
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:eme:ijsepp:ijse-06-2016-0174

Ordering information: This journal article can be ordered from
Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
http://www.emeraldinsight.com/ijse.htm

Access Statistics for this article

International Journal of Social Economics is currently edited by Dr Colin Tyler and James Connelly

More articles in International Journal of Social Economics from Emerald Group Publishing
Bibliographic data for series maintained by Virginia Chapman ().

 
Page updated 2020-06-16
Handle: RePEc:eme:ijsepp:ijse-06-2016-0174