Annals of Public and Cooperative Economics最新文献

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A population-level approach to distributional weighting 一种人口水平的分配加权方法
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-05-14 DOI: 10.1111/apce.12505
Daniel J. Acland, Steven Raphael
{"title":"A population-level approach to distributional weighting","authors":"Daniel J. Acland,&nbsp;Steven Raphael","doi":"10.1111/apce.12505","DOIUrl":"https://doi.org/10.1111/apce.12505","url":null,"abstract":"<p>Distributional weighting to address concerns about diminishing marginal utility of income in benefit–cost analysis has been the topic of increased interest in recent years. Concern has been expressed about the practicability of distributional weighting, given limitations on data and on the analytical capacities of agencies. This paper contributes to a small but growing literature that attempts to provide guidance and real-world examples of distributional weighting. We develop a methodology for calculating what we call ‘population weights’, which, once computed for a given population by an analyst, can be used by other analysts to implement distributional weighting on similar populations, without those analysts needing information on income distribution or the cost or benefit experienced by households at different income levels within those populations. These population weights can be calculated without knowing the costs or benefits received by households at different income levels, using proxies for cost or benefit that may be observable or about which, in the absence of data, assumptions can be made in some cases. We implement the methodology on an example regulation and present results that we believe provide useful information to decision-makers, even in the absence of estimates of unweighted costs and benefits.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"363-399"},"PeriodicalIF":2.5,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
‘It's Ours’: Understanding the aspects of ownership in financial cooperatives “这是我们的”:了解金融合作社所有权的各个方面
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-05-01 DOI: 10.1111/apce.12507
Murhula Cubaka Patrick, Balemba Kanyurhi Eddy
{"title":"‘It's Ours’: Understanding the aspects of ownership in financial cooperatives","authors":"Murhula Cubaka Patrick,&nbsp;Balemba Kanyurhi Eddy","doi":"10.1111/apce.12507","DOIUrl":"https://doi.org/10.1111/apce.12507","url":null,"abstract":"<p>This paper conceptualizes the ownership construct in financial cooperatives by exploring its main dimensions and analysing aspects related to each dimension. Based on a qualitative approach using the grounded theory and conducted in the Democratic Republic of Congo (DRC), our findings reveal that ownership is a multidimensional concept comprising three interconnected dimensions: formal, psychological and active ownership. Formal ownership pertains to ownership by legal rights, psychological ownership involves ownership by feelings and active ownership encompasses ownership through actions and behaviour. The study proposes relationships among these ownership features, highlighting that the respect for members’ formal ownership rights can lead to stronger ownership feelings, and these feelings may, in turn, induce active ownership. Cooperative ownership can thus be analysed as ‘a process’, which might unfold from formal to psychological and active ownership. Formal ownership is linked to active ownership through the mediating variable of psychological ownership.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"401-428"},"PeriodicalIF":2.5,"publicationDate":"2025-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Communication, principal–agent alignment and performance: Evidence from Brazilian agricultural co-operatives 沟通、委托-代理结盟与绩效:来自巴西农业合作社的证据
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-04-24 DOI: 10.1111/apce.12506
Celina Martinez Georges, Jasper Grashuis, Silvia Morales de Queiroz Caleman, Guilherme Fowler de Avila Monteiro
{"title":"Communication, principal–agent alignment and performance: Evidence from Brazilian agricultural co-operatives","authors":"Celina Martinez Georges,&nbsp;Jasper Grashuis,&nbsp;Silvia Morales de Queiroz Caleman,&nbsp;Guilherme Fowler de Avila Monteiro","doi":"10.1111/apce.12506","DOIUrl":"https://doi.org/10.1111/apce.12506","url":null,"abstract":"<p>In response to increasing demands for decision-making expertise in the global business environment, agricultural co-operatives face the challenge of balancing governance adaptations with the risk of agency costs. While various mechanisms exist to align the interests of principals and agents within these organizations, communication – particularly digital – appears to hold the greatest potential. However, empirical evidence on its effectiveness remains limited. This study addresses this gap by examining the relation between both digital and non-digital communication on principal–agent alignment and overall performance in agricultural co-operatives. The empirical basis consists of a survey conducted in 2023 with 41 agricultural co-operatives in Brazil. The results of a structural equation model show that (1) digital communication is related positively to principal–agent alignment, (2) non-digital communication is not related significantly to principal–agent alignment and (3) principal–agent alignment is related positively to performance. These findings offer important insights for the governance of agricultural co-operatives, which are further explored in the conclusion.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"341-361"},"PeriodicalIF":2.5,"publicationDate":"2025-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The impact of joint liability lending on leveraging social capital 连带责任借贷对撬动社会资本的影响
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-04-02 DOI: 10.1111/apce.12504
Weijia Wang, Hanying Qi
{"title":"The impact of joint liability lending on leveraging social capital","authors":"Weijia Wang,&nbsp;Hanying Qi","doi":"10.1111/apce.12504","DOIUrl":"https://doi.org/10.1111/apce.12504","url":null,"abstract":"<p>Joint liability lending, which leverages borrowers' social ties, is crucial for providing credit access to the poor. However, scholars worry that these lending practices might undermine the social capital they utilize, hindering its development as people become wary of such arrangements. While these concerns have persisted, they lack rigorous analysis. Using a game-theoretic framework, we show that when reciprocity motivations are strong, joint liability lending can trigger social sanctions among borrowers, eroding their social capital. We test these theoretical predictions using data from the China Household Finance Survey. Our analysis reveals that variations in loan amounts unexplained by observable borrower characteristics, which serve as proxies for the use of joint liability in lending decisions, negatively impact borrowers' expenditures on maintaining social ties — our measure of social capital. These findings suggest that financial institutions should carefully implement joint liability lending to avoid damaging community social capital while serving the poor.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"321-340"},"PeriodicalIF":2.5,"publicationDate":"2025-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091321","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does cultural difference impede the allocation of government procurement? Evidence from China 文化差异是否阻碍了政府采购的分配?来自中国的证据
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-04-01 DOI: 10.1111/apce.12502
Wenqi Li, Yiping Wu, Jinyu Wu
{"title":"Does cultural difference impede the allocation of government procurement? Evidence from China","authors":"Wenqi Li,&nbsp;Yiping Wu,&nbsp;Jinyu Wu","doi":"10.1111/apce.12502","DOIUrl":"https://doi.org/10.1111/apce.12502","url":null,"abstract":"<p>This study investigates the impact of cultural difference on the location allocation of government procurement in China from 2015 to 2021. We find that cultural distance significantly hinders inter-regional government procurement, and the degree of impact has an upward trend. Mechanism analysis reveals that cultural distance affects the location allocation of government procurement through information communication and identity recognition between regions. Moreover, cultural distance has a greater impact on large and medium-sized enterprises, state-owned enterprises and non-high-tech industry enterprises obtaining cross-regional government procurement orders. Further, inter-regional trade barriers also hinder the integration of the government procurement market.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"301-320"},"PeriodicalIF":2.5,"publicationDate":"2025-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Pathways towards member participation in governance of cooperatives: Conjunction of motivations and resources in the case of French community energy 成员参与合作社治理的途径:法国社区能源案例中动机和资源的结合
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-03-28 DOI: 10.1111/apce.12501
Adélie Ranville
{"title":"Pathways towards member participation in governance of cooperatives: Conjunction of motivations and resources in the case of French community energy","authors":"Adélie Ranville","doi":"10.1111/apce.12501","DOIUrl":"https://doi.org/10.1111/apce.12501","url":null,"abstract":"<p>Energy cooperatives promote a vision of democratic management of energy transition, but enacting this vision requires the active participation of members. In this paper, we aim to study the conditions leading to participation in the governance of cooperatives and how these conditions interact. Based on original data from a survey of members of a French energy cooperative, the study uses fuzzy-set qualitative comparative analysis to research how the resources available to an individual interact with their motivations to influence participative behaviour. Our empirical results show that a strong ecological orientation is a necessary condition for active participation and that, depending on their socio-economic situation, different types of members mobilize different resources to participate. We contribute to the literature on cooperative participation and ‘green behaviours’ in general by making theoretical propositions to explain participation behaviour as a conjunction of motivations, resources and opportunities.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"257-299"},"PeriodicalIF":2.5,"publicationDate":"2025-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Failure of cooperative self-regulation: An exploration of cooperative regulatory violations 合作自我监管失灵:合作监管违规行为探析
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-03-03 DOI: 10.1111/apce.12498
Caleb M. Houston, Jennifer D. Hamrick
{"title":"Failure of cooperative self-regulation: An exploration of cooperative regulatory violations","authors":"Caleb M. Houston,&nbsp;Jennifer D. Hamrick","doi":"10.1111/apce.12498","DOIUrl":"https://doi.org/10.1111/apce.12498","url":null,"abstract":"<p>Cooperative organizations are built on strong principles and values rooted in equity and social responsibility. However, we observe a group of cooperatives that have become embroiled in material legal violations. They egregiously commit 602 violations over 20 years related to the safety and just treatment of their members, employees, community, customers and the environment, with penalties for misconduct totalling $2.3 billion. This directly opposes the ideals espoused by cooperatives, and their susceptibility to misconduct challenges the assumption that cooperatives are immune to the ethical failures seen in public firms. We find that when government agencies bring enforcement actions against misconduct, it reduces future negative behaviour. We also find that some cooperatives make changes to the leaders who are present at the time of wrongdoing, and these cooperatives have a decrease in the severity of misconduct in the future. Collectively, these findings suggest that a number of cooperatives harm the groups they claim to serve but that government enforcement and cooperative disciplining carried out in response to regulatory violations can mitigate future misconduct.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"225-256"},"PeriodicalIF":2.5,"publicationDate":"2025-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Effect of women's self-help group participation on their financial inclusion measured through a women-centric index: A study in North-East India 通过以女性为中心的指数衡量妇女自助团体参与对其金融包容性的影响:印度东北部的一项研究
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-02-12 DOI: 10.1111/apce.12496
Priyanka Roy, Binoti Patro
{"title":"Effect of women's self-help group participation on their financial inclusion measured through a women-centric index: A study in North-East India","authors":"Priyanka Roy,&nbsp;Binoti Patro","doi":"10.1111/apce.12496","DOIUrl":"https://doi.org/10.1111/apce.12496","url":null,"abstract":"<p>This study attempts to examine the effect of women's participation in self-help groups (SHGs) on their financial inclusion levels. A comprehensive financial inclusion index is created specifically suited to women by incorporating the concept of ‘autonomy’ in the usage of financial services. Adding this indicator with access and usage improves the practical effectiveness of women's financial inclusion as a means to a larger end. Further, objective weights have been assigned to the financial inclusion indicators through the application of the Criteria Importance through Inter-criteria Correlation (CRITIC) method. The effect estimation is examined using propensity score matching (PSM) to gauge a true effect assessment free from self-selection bias. The results are also checked for robustness using inverse probability weighted regression adjustment (IPWRA). Drawing primary data from 450 respondents from the Barak Valley region of Assam, the study establishes the importance of ‘autonomy’ in determining women's financial inclusion and finds SHG participation to be effective in enhancing the holistic financial inclusion of women. Underscoring the potential of SHGs in the upliftment of women, the study recommends regular monitoring of existing SHGs, besides expansion policies, to prevent group inactivity. To enhance women's financial autonomy, it is also suggested to conduct frequent training programmes on rights awareness, boosting self-efficacy for financial management and self-sufficiency in addressing financial challenges.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 1","pages":"65-97"},"PeriodicalIF":2.5,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143423721","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Women leading the charge in the social and solidarity economy: A snapshot of gender perceptions of entrepreneurship 妇女在社会和团结经济中发挥领导作用:对创业的性别看法的概述
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-02-05 DOI: 10.1111/apce.12497
María Bastida, Alberto Vaquero García, Miguel Ángel Vázquez Taín, Marisa Del Río Araújo
{"title":"Women leading the charge in the social and solidarity economy: A snapshot of gender perceptions of entrepreneurship","authors":"María Bastida,&nbsp;Alberto Vaquero García,&nbsp;Miguel Ángel Vázquez Taín,&nbsp;Marisa Del Río Araújo","doi":"10.1111/apce.12497","DOIUrl":"https://doi.org/10.1111/apce.12497","url":null,"abstract":"<p>This study examines the influence of gender on the selection of business models within the social and solidarity economy (SSE), focusing on women's preference for collaborative and socially oriented business models that can promote inclusive and sustainable economic development. Using data from the Global Entrepreneurship Monitor survey in Galicia, Spain, the research highlights that women entrepreneurs are more attracted to the SSE because of its emphasis on generating social value rather than direct economic benefit. Gender differences are significant, with women showing greater alignment with SSE principles than men. These results underscore the importance of public policies designed to support female entrepreneurship in the SSE, recognizing women's potential to contribute to economic growth through sustainable practices. The study enhances the understanding of gender dynamics in entrepreneurship, offering valuable insights into how a gender perspective can enrich the entrepreneurial ecosystem within the SSE and inform the development of targeted support strategies that promote economic development, job creation and social well-being.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 2","pages":"201-223"},"PeriodicalIF":2.5,"publicationDate":"2025-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091397","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Cooperatives’ level of vertical integration and farm financial performance amongst smallholder farmer-members in Sri Lanka 斯里兰卡小农成员间合作社的垂直整合水平和农场财务绩效
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2025-01-06 DOI: 10.1111/apce.12494
Sanjaya Fernando, Elena Garnevska, Thiagarajah Ramilan, Nicola Shadbolt
{"title":"Cooperatives’ level of vertical integration and farm financial performance amongst smallholder farmer-members in Sri Lanka","authors":"Sanjaya Fernando,&nbsp;Elena Garnevska,&nbsp;Thiagarajah Ramilan,&nbsp;Nicola Shadbolt","doi":"10.1111/apce.12494","DOIUrl":"https://doi.org/10.1111/apce.12494","url":null,"abstract":"<p>This paper assesses the impact of the level of cooperatives’ vertical integration on the financial performance of smallholder rice farmers in the North Central province, Sri Lanka. A sample of 309 smallholder rice farmers was surveyed using a structured questionnaire. The sample represented 152 partially and 157 fully integrated smallholder rice farmers who are members of partially and fully vertically integrated cooperatives, respectively. The propensity score matching technique was applied to correct for potential selection biases. Three financial performance indicators: cost of production, operating profit and sales revenue have been used. Results show better financial performance for the farmers who are members of fully integrated cooperatives except for the cost of production. They receive higher operating profit and sales revenue than those farmers who are members of partially integrated cooperatives. However, the cost of production remains more comparable for both groups of farmers. Overall, the findings of this study suggest that the smallholders can enhance their financial performance through cooperatives that are fully vertically integrated.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"96 1","pages":"149-170"},"PeriodicalIF":2.5,"publicationDate":"2025-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143423662","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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