Business Cycle, SSE Policy, and Cooperatives: The Case of Ecuador

Inmaculada Buendía-Martínez, Agustín Álvarez-Herranz and Mercedes Moreira Menéndez
Additional contact information
Inmaculada Buendía-Martínez: UCLM - Universidad de Castilla-La Mancha = University of Castilla-La Mancha
Agustín Álvarez-Herranz: UCLM - Universidad de Castilla-La Mancha = University of Castilla-La Mancha
Mercedes Moreira Menéndez: UTEQ - Universidad Técnica Estatal de Quevedo

Post-Print from HAL

Abstract: Over the last few decades, the social and solidarity economy (SSE) has undergone complex changes, from being undervalued to being institutionalized as a key sector in the economy. Within this context of change, Ecuador is a remarkable example of a country that has revamped its public policy to situate the SSE in a position of prominence on the national landscape. Using the business cycle theory and based on a model of panel data from 2007–2017, this article attempts to empirically validate that the relationship between the size of Ecuadorian cooperatives, as core businesses of SSE, is coupled with the expansive and destructive economic cycles by adding two more variables: business structure and public policy. From a global perspective, the results confirm a procyclical of the behavior of cooperatives and the positive impact of the new public policy. However, the sectoral and territorial analysis concludes that only production cooperatives in the primary sector have grown in the new institutional framework, and that this growth is concentrated in provinces with a strong cooperative tradition.

Keywords: public policy; social and solidarity economy; cooperatives; legal framework; cooperative development; institutionalization; social economy; cooperativism; business cycle (search for similar items in EconPapers)
Date: 2020-07-07
References: Add references at CitEc
Citations:

Published in Sustainability, 2020, 12 (13), pp.5485. ⟨10.3390/su12135485⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-04856801

DOI: 10.3390/su12135485

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().