Annals of Public and Cooperative Economics最新文献

Supporting agricultural cooperatives might contribute to the livelihood improvement of many small-scale farmers in developing countries. This research examines the factors affecting the internet use of agricultural cooperatives with a focus on female leadership, its effects on cooperatives’ economic, social, and innovative performance, and the distributional effects of internet use on economic performance. Our analysis relied on the data of 3,512 agricultural cooperatives collected in 2021 from Vietnam. We addressed the endogeneity issue of internet use in impact assessment by employing an instrumental variable approach. Our results show that female leadership was positively and significantly associated with internet use and that internet use had a positive and significant effect on returns on assets, returns on equity, labor productivity, payment per laborer, contribution to labor union and insurance per laborer, and innovation in products of agricultural cooperatives. In addition, unconditional quantile regressions show that internet use in agricultural cooperatives exacerbated income inequality. Enhancing female leadership and promoting rural education were recommended to improve agricultural cooperatives’ performance.

Various policies have been implemented to encourage the development of family farms and cooperatives in the past decade in China. New technology adoption is a crucial part in promoting the performance of family farms. However, empirical evidence on whether and how cooperatives would facilitate family farms to adopt new technologies remains unclear. To address the gap, this paper examines the impact of family farms’ cooperative membership on new technology adoption (i.e., new varieties, new machinery, new fertilizers, new pesticides, new pest control techniques, new production methods and new management methods). Using novel survey data from 848 family farms in China, and employing both propensity score matching approach and endogenous switching probit model, we find that for family farms, cooperative membership has positive and significant impacts on new technology adoption. When looking into different types of technology, we find that the impacts are larger on the adoption of new methods than new techniques. Moreover, the impacts are larger for family farms with lower operation income and smaller size. The findings provide important insights for policymakers tasked with promoting agricultural technology adoption.

The fight against climate change has become a basic vector for agri-food business strategies. In Spain, commercial wineries (Investor Owner Firms, IOFs) and cooperatives are facing major challenges in adapting to the most stringent environmental requirements and in becoming sustainable and environmentally responsible companies. The European winemaking model, unlike its “new world” competitors, has a very distinct configuration with the predominance of the social economy in parallel with capitalist enterprises. However, these two forms of business organization are different in terms of objectives, position in the value chain, type of organization and form of management. The purpose of this paper is to determine whether these two types of companies have a different orientation towards sustainability, and which are the drivers that facilitate a greater approach to sustainability in each group. With a sample of 411 wineries, the results of the study show a lower orientation towards sustainability among the cooperatives, without a relevant alignment of their resources towards this objective. However, IOFs orient their resources towards sustainability in a consistent and strategic way. This may infer that the European model, with a clear advantage in the social component, could be somewhat more limited in the environmental aspect.

The current world situation leads us to consider that sustainable development needs to be a global priority to ensure the future of the planet and improve the quality of life. There is a need for sustainable finance to support this. Savings and credit cooperatives could help to achieve this impact as they serve the microfinance and microlending market. They facilitate the financial inclusion of the most vulnerable people, most of whom live in rural areas and are members of organizations, such as agricultural cooperatives and associations. Previous studies have focused exclusively on overall profitability, so this paper contributes to extending the literature by analyzing the whole population of savings and credit cooperatives in Ecuador (510 institutions), focusing on their profitability in two ways: the overall profitability necessary for the viability of the business and, in addition, the microcredit portfolio profitability, as a specific measure of its contribution to sustainability and social value creation. Another novelty is that the analysis has been carried out using several machine learning techniques for the wider generalization of the results. These show that size is the most relevant variable for predicting the ROE and that the microcredit portfolio profitability is conditioned by the credit variables.

All agri-food cooperatives share common interests, irrespective of their geographical borders, which should encourage them to undertake inter-cooperation processes as well as to set up transnational cooperatives. This paper has two objectives. The first is to analyze Spanish and Portuguese cooperative regulations and the Statute for a European Cooperative Society to define how to embark on these processes in the two countries while also pinpointing the conflicts that may arise from the different regulations. Secondly, it seeks to ascertain which Spanish and Portuguese cooperatives have had experience in this field and to characterize them through a multiple-case study, including the rationale for the processes, the advantages and the constraints. The results have revealed five cross-border cooperation categories and show that the Statute for a European Cooperative Society has not had the expected success at the EU level, due to its complexity. However, in general, the lack of expected cross-border cooperative experiences is not due to legal, language or management issues. It is for different reasons. Firstly, cooperatives think that they can achieve the same objectives through inter-cooperative agreements. Secondly, government policies protect the regional nature of their cooperatives, rather than encouraging them to expand their business and therefore their capacity to respond to current challenges.

Despite extensive research on the relationship between financial inclusion and macroeconomic growth, little is known about the role of financial inclusion as a significant driver of macroeconomic growth in developing countries. Financial inclusion could boost sustainable macroeconomic growth, which has been a key policy goal for governments worldwide because it affects employment, population, inequality, and poverty. This study explores the influence of crucial financial inclusion indicators on developing countries' macroeconomic growth. The study shows that digital finance, financial technologies, financial outreach, financial literacy, demographics access to finance, microfinance and financial stability are the ways through which financial inclusion affects macroeconomic growth. We used the Scopus database to get information from 419 research articles and analyzed those to figure out how financial inclusion affected macroeconomic growth from 2006 to 2020. The study will help policymakers, governments, and marketers develop policies to involve everyone in the financial system, which results in macroeconomic growth.

Although Central European post-communist countries have considerably liberalized energy sectors, privatizations have been poorly implemented establishing legal monopolies and retaining governments' pervasive influence. This study examines the effects of state ownership on productivity and Lerner indices, using a dataset on Central European firms, operating in industries of general interest, from 2009 to 2017. This study contributes to the literature by estimating production functions of energy companies, establishing a link between government ownership, and productivity and Lerner indices, applying continuous measures of state ownership, and evaluating impacts across quantiles. The overall results highlight that state ownership is associated with significant productivity losses, which increase over quantiles, and lower market power.

By relying on province-level data from Italy, this paper empirically studies the factors that correlate with the development of third sector organizations (TSOs) in the Italian territory. Moving beyond traditional explanations of TSOs development based on population heterogeneity theories, our analysis points to the role of public institutions as key driving factors of Italian TSOs development. It specifically suggests that public authorities may shape the development of TSOs through three different, albeit interconnected, institutional dimensions: (1) control of corruption—that is, design and implementation of policies and regulations to prevent corruption and strengthen trust in the relationships between public authorities and TSOs; (2) rule of law—that is, creation of stable legal frameworks to reduce the uncertainty faced by TSOs when collaborating with the public sector and to limit arbitrary decisions by politicians and bureaucrats; (3) government effectiveness—that is, improving governments’ credibility and administrative capacity to provide grants and funds to TSOs for social and public services delivery.

The present study aims to develop and validate a measurement scale for investigating the principle of intercooperation, in order to provide researchers in the field of cooperativism with a valid and reliable measure. To this end, four main steps were followed: conceptual mastery, theoretical validation, semantic validation, and statistical validation. First, a preliminary scale was developed based on a literature review and interviews with 20 representatives of cooperatives and representative organizations. Later, the evaluation was carried out by eight academic judges and analyzed using the Content Validity Coefficient. A pre-test was then carried out with subjects from the population, and subsequently the scale was applied to a sample of 213 cooperatives. Finally, factor analysis was performed with the aim of evaluating convergent and factorial validity as well as individual and construct reliability. Thus, it is proposed that the principle of intercooperation be measured by two different scales. The first, called “Horizontal Intercooperation”, presented a Composite Reliability equal to 0.81 and Average Variance Extracted equal to 0.68. The second, called “Vertical Intercooperation”, presented a Composite Reliability equal to 0.96 and Average Variance Extracted equal to 0.69. After the analyses, the proposed intercooperation scales showed signs of validity and reliability.

The aim of the paper is to extend the knowledge of the measurement of dimensions of social capital in cooperatives. The paper draws on data collected in a survey of 154 members in dairy cooperatives to develop and test composite indicators for measuring dimensions of social capital: structural, relational, and cognitive. Principal component analyses (PCAs) were performed on the data sets of indicators of dimensions of social capital. The Kaiser–Meyer–Olkin measure of sampling adequacy and Bartlett's test of Sphericity supported the appropriateness of performing PCAs. After the extraction of the principal components, intermediate composite indicators were computed for the dimensions of social capital. Finally, the composite indicators were computed as linear weighted aggregations of the intermediate composite indicators. The internal consistency of the composite indicators was verified using Cronbach's alpha. The method provided single, synthetic measures for the dimensions of social capital, which are robust and exhibit construct validity. The paper provided practical knowledge that can be applied to measuring dimensions of social capital in cooperatives.