Annals of Public and Cooperative Economics最新文献

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Beyond conventional models: Lending by Native Community Development Financial Institutions 超越传统模式:原住民社区发展金融机构的贷款
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-08-27 DOI: 10.1111/apce.12453
Valentina Dimitrova-Grajzl, Peter Grajzl, Joseph Guse, Michou Kokodoko, Laurel Wheeler
{"title":"Beyond conventional models: Lending by Native Community Development Financial Institutions","authors":"Valentina Dimitrova-Grajzl,&nbsp;Peter Grajzl,&nbsp;Joseph Guse,&nbsp;Michou Kokodoko,&nbsp;Laurel Wheeler","doi":"10.1111/apce.12453","DOIUrl":"10.1111/apce.12453","url":null,"abstract":"<p>Native Community Development Financial Institutions (Native CDFIs) have become an increasingly important source of credit and financial services in the areas on or near American Indian reservations in the United States. Guided by a conceptual framework developed on the basis of the related finance literature and drawing on loan-level data from eleven Native CDFI loan funds, we offer the first systematic quantitative analysis of lending in the Native CDFI industry. As hypothesized, Native CDFIs on average give out small loans but support borrowers in varied circumstances with diverse loan products. Important predictors of delinquency include both conventional, hard information-based, measures of client risk, and alternative, soft information-based, community-informed and character-based measures. Overall, these findings lend strong support to holistic approaches for assessing client creditworthiness for Native CDFI operations. More generally, our analysis contributes new insights into the operations of an industry that plays an instrumental role in removing barriers to socioeconomic development in Native communities.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 3","pages":"675-701"},"PeriodicalIF":2.5,"publicationDate":"2023-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12453","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79176399","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Terms of trade volatility and tax revenue in Sub-Saharan African countries 撒哈拉以南非洲国家的贸易条件波动与税收
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-08-25 DOI: 10.1111/apce.12455
Godfrey J. Kweka
{"title":"Terms of trade volatility and tax revenue in Sub-Saharan African countries","authors":"Godfrey J. Kweka","doi":"10.1111/apce.12455","DOIUrl":"10.1111/apce.12455","url":null,"abstract":"<p>Terms of trade remain inherently volatile in the global market, exerting pressure on tax revenue with the resulting change in prices and trade (export or import) volumes. This study investigated the empirical relationship between terms of trade volatility from a regional perspective using a dynamic bias corrected model. A corrected dynamic fixed effect and one-step diff-GMM models are used to estimate the effect of terms of trade volatility using a set of panel data for 41 sub-Saharan African (SSA) countries from 1990 to 2022. The findings show that terms of trade changes have a positive effect on tax to GDP ratio and its volatility has indirect negative effects. Informal economic activities tend to deteriorate tax revenue in SSA. Thus, terms of trade volatility depress growth of GDP per capital and tax base in SSA. The findings imply the need for hedging the risks associated with terms of trade volatility, intensifying agriculture production and increasing the speed of formalizing informal sectors in order to reduce associated risks of depressing tax base in SSA.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 3","pages":"655-674"},"PeriodicalIF":2.5,"publicationDate":"2023-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80771525","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
Economic performance of rural collective-owned cooperatives: Determinants and influence mechanism 农村集体所有制合作社的经济绩效:决定因素和影响机制
IF 2.5 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-08-14 DOI: 10.1111/apce.12454
Jiayi Wang, Yongping Wang
{"title":"Economic performance of rural collective-owned cooperatives: Determinants and influence mechanism","authors":"Jiayi Wang,&nbsp;Yongping Wang","doi":"10.1111/apce.12454","DOIUrl":"10.1111/apce.12454","url":null,"abstract":"<p>Rural collective-owned cooperatives (RCOCs) have received significant attention for rural development, alleviating rural poverty, and achieving common welfare in China. Using the Social-ecological system (SES) framework as a conceptual and analytical lens, this paper clarifies the determinants and the influence mechanism for the economic performance of RCOCs. A mixed method, PLS-SEM combined NCA approach is applied to 420 smallholder farmers in rural China. The results reveal that rural collective property-rights system reform (RCPRSR), leadership, social capital, and collective action positively affect the economic performance of RCOCs. Moreover, leadership and social capital also operate through their mediating effect on collective action amongst collective members. Our results further show that RCPRSR, leadership, and social capital are necessary conditions for the high economic performance of RCOCs.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 3","pages":"629-653"},"PeriodicalIF":2.5,"publicationDate":"2023-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72741558","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
Cooperative employment in the regions of Spain (1999–2019): The convergence clubs 西班牙各地区的合作就业情况(1999-2019 年):融合俱乐部
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-08-02 DOI: 10.1111/apce.12452
María Candelaria Barrios-González, Ana María García-Pérez, Vanessa Yanes-Estévez
{"title":"Cooperative employment in the regions of Spain (1999–2019): The convergence clubs","authors":"María Candelaria Barrios-González,&nbsp;Ana María García-Pérez,&nbsp;Vanessa Yanes-Estévez","doi":"10.1111/apce.12452","DOIUrl":"10.1111/apce.12452","url":null,"abstract":"<p>In times of crisis, the study of employment is of vital importance, especially that generated by cooperatives, which show great resilience. This paper analyzes the evolution of employment created by cooperatives in the different Spanish regions in relation to total employment between 1999 and 2019 with a pioneering approach. We analyze the existence of convergence clubs among the Spanish regions using the methodology developed by Phillips and Sul (2007, 2009). The results show the existence of four clubs that include the regions that converge in relative terms of cooperative employment over the 20 years analyzed. The lack of homogeneity in the behavior of employment in cooperatives in the different Spanish regions is demonstrated, with certain divergences among regions. These divergences make it difficult to establish a model of cooperative employment for the whole of Spain.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 2","pages":"305-325"},"PeriodicalIF":1.6,"publicationDate":"2023-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12452","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75978326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Classifying the degree of cooperative multinationality: Case study of a French multinational cooperative 合作多国性程度的分类:以法国一家跨国合作社为例
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-07-27 DOI: 10.1111/apce.12450
Anjel Errasti, Ignacio Bretos, Carmen Marcuello
{"title":"Classifying the degree of cooperative multinationality: Case study of a French multinational cooperative","authors":"Anjel Errasti,&nbsp;Ignacio Bretos,&nbsp;Carmen Marcuello","doi":"10.1111/apce.12450","DOIUrl":"10.1111/apce.12450","url":null,"abstract":"<p>In recent decades, the largest European worker cooperatives, and those that are the most emblematic in their countries, have been transformed into multinational companies. This article examines workers’-cooperative multinationality by providing a classifying tool based on the interaction between control rights and return rights held by foreign employees in the subsidiaries of multinational cooperatives. We illustrate our matrix of cooperative multinationality by classifying an internationalized historical cooperative, Up Group (formerly Chèque Déjeuner, SCOP). In the last few decades, the French cooperative Up has become a hybrid multinational player in the employee benefits industry by setting up capitalist subsidiaries both in France and overseas. The case study also reports on Up's innovative attempt to produce a global cooperative or a more democratic multinational enterprise through converting subsidiaries’ employees into associates.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1061-1084"},"PeriodicalIF":1.6,"publicationDate":"2023-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75922951","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
Political spillovers of workplace democracy in Germany 德国职场民主的政治溢出效应
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-07-25 DOI: 10.1111/apce.12451
Uwe Jirjahn, Thi Xuan Thu Le
{"title":"Political spillovers of workplace democracy in Germany","authors":"Uwe Jirjahn,&nbsp;Thi Xuan Thu Le","doi":"10.1111/apce.12451","DOIUrl":"10.1111/apce.12451","url":null,"abstract":"<p>Although works councils provide a highly developed mechanism to promote workplace democracy, research on their consequences has been dominated by economic aspects. This study brings a new perspective to the understanding of works councils by examining their influence on workers’ political behavior. Political spillover theory suggests that participation in the firm's decision making has the potential to foster workers’ political participation in civic society. Our study for Germany indeed finds a positive association between the presence of a works council and workers’ interest in politics. This holds in panel data estimations including a large set of controls and accounting for unobserved individual-specific factors. However, separate estimations by gender show a positive association between works councils and political interest only for men, but not for women. Traditional gender roles may make it difficult for women to be politically engaged even when a works council is present.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 1","pages":"5-31"},"PeriodicalIF":1.6,"publicationDate":"2023-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12451","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138520578","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Farmers’ organizations and sustainable development: An introduction 农民组织与可持续发展:导论
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-07-07 DOI: 10.1111/apce.12449
Wanglin Ma, Marco A. Marini, Dil B. Rahut
{"title":"Farmers’ organizations and sustainable development: An introduction","authors":"Wanglin Ma,&nbsp;Marco A. Marini,&nbsp;Dil B. Rahut","doi":"10.1111/apce.12449","DOIUrl":"https://doi.org/10.1111/apce.12449","url":null,"abstract":"<p>This special issue features 14 new research papers investigating the role of farmers’ organizations (e.g., collective action, self-help groups, producer companies/organizations, and cooperatives) in supporting sustainable development. The key findings include: (1) farmer groups and cooperatives promote farmers’ adoption of good farm management practices, new agricultural technologies and sustainable farming practices, although not substantially improving farm yield; (2) outsourcing services provided by agricultural cooperatives help to increase the technical efficiency of crop production; (3) cooperative membership enhances members’ bargaining power and enables them to sell their products at higher prices; (4) cooperatives motivate rural laborers to work in off-farm sectors, while self-help groups empower rural women in decision-making; (5) internet use improves agricultural cooperatives’ economic, social, and innovative performances; (6) direct administrative intervention supporting cooperative development may lead to the emergence of shell cooperatives; (7) participation in forest farmer organizations enables wood value chain upgrading; (8) increasing the cooperative size in terms of income, equity, and assets increases the profitability of savings and credit cooperatives; and (9) creating cross-border cooperation between cooperatives generates benefits for all parties involved. These findings can inspire the design of policies aimed to support farmers’ organizations in achieving sustainable development goals.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 3","pages":"683-700"},"PeriodicalIF":1.6,"publicationDate":"2023-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12449","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50123977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Does cooperative membership enhance inorganic fertilizer use intensity? Panel data evidence from maize farmers in Ethiopia 合作社成员资格是否会提高无机肥料使用强度?来自埃塞俄比亚玉米种植者的面板数据证据
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-06-26 DOI: 10.1111/apce.12446
Abebayehu Girma Geffersa
{"title":"Does cooperative membership enhance inorganic fertilizer use intensity? Panel data evidence from maize farmers in Ethiopia","authors":"Abebayehu Girma Geffersa","doi":"10.1111/apce.12446","DOIUrl":"10.1111/apce.12446","url":null,"abstract":"<p>Agricultural cooperatives are increasingly being viewed as an effective means of promoting agricultural technologies in developing countries. This paper examines the effects of cooperative membership on inorganic fertilizer use intensity. Employing a three-wave panel dataset relating to smallholder maize farmers in Ethiopia, we model inorganic fertilizer application as a two-step decision-making process involving both fertilizer adoption and its use intensity. To reflect these two related steps, we use a double-hurdle model. We account for unobservable household heterogeneity and endogeneity utilizing a correlated random-effects framework and a control function approach. The findings reveal that cooperative membership increased inorganic fertilizer use intensity, as well as the probability of it being used in the first place by 4.2% and 5.3%, respectively. Following further examination of who benefits most among cooperative members, we discovered that membership benefits all farmers in terms of fertilizer use intensity, irrespective of the members’ poverty status. However, we did not observe a significant effect of cooperative membership on the likelihood of fertilizer use by land-poor and less asset-endowed households. This highlights the necessity of implementing policies that provide poor and marginalized Ethiopian maize farmers with resources that enhance the contribution agricultural cooperatives make to their well-being.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 2","pages":"327-361"},"PeriodicalIF":1.6,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12446","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72525094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Do farmers' professional cooperatives improve agricultural technical efficiency? Evidence using a national-level dataset of China 农民专业合作社能提高农业技术效率吗?使用中国国家级数据集的证据
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-06-21 DOI: 10.1111/apce.12437
Menglu Li, Shemei Zhang, Nawab Khan
{"title":"Do farmers' professional cooperatives improve agricultural technical efficiency? Evidence using a national-level dataset of China","authors":"Menglu Li,&nbsp;Shemei Zhang,&nbsp;Nawab Khan","doi":"10.1111/apce.12437","DOIUrl":"10.1111/apce.12437","url":null,"abstract":"<p>This study examines the impact of farmers' professional cooperatives (FPCs) on agricultural technical efficiency (TE), using panel data from 30 provinces of China from 2015 to 2020 and the stochastic frontier function (SFF) method. The number of members of each cooperative, the proportion of demonstration cooperatives, and the proportion of standard cooperatives are introduced as proxy variables for the development level of FPCs. The results show that although the development of FPCs is imperfect, its development has a significant positive impact on improving China's agricultural TE. Through the continuous increase in the number of cooperative members and the vigorous promotion of standardized production, agricultural TE has been significantly improved. However, the construction of model cooperatives has not played a positive role but inhibited the growth of agricultural TE. It is suggested to expand the cooperative membership and promote standardized production. The government and policymakers should focus on improving the standardization level of cooperatives and the development quality of FPCs from the aspects of innovating cooperation models, standardizing internal governance, and giving full play to the synergistic effect of agricultural science and technology.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 2","pages":"363-383"},"PeriodicalIF":1.6,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136296074","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
Creating social value by empowering people: a social innovation perspective 通过增强人的权能创造社会价值:社会创新视角
IF 1.6 4区 经济学
Annals of Public and Cooperative Economics Pub Date : 2023-06-20 DOI: 10.1111/apce.12447
Nadia von Jacobi, Enrica Chiappero-Martinetti, Lara Maestripieri, Toa Giroletti
{"title":"Creating social value by empowering people: a social innovation perspective","authors":"Nadia von Jacobi,&nbsp;Enrica Chiappero-Martinetti,&nbsp;Lara Maestripieri,&nbsp;Toa Giroletti","doi":"10.1111/apce.12447","DOIUrl":"10.1111/apce.12447","url":null,"abstract":"<p>Initiatives across the private, public, and third sectors have increasingly pursued social value beyond mere profit. However, how social value can be created still requires a more detailed investigation. This paper provides conceptual and empirical arguments on how initiatives of social innovation, which intentionally seek to empower people, contribute to generate social value. We investigate three European social innovation cases—which are collective entrepreneurial initiatives. Using mixed methods applied to primary nested data, we first find evidence for empowering effects and then identify a typical process through which empowerment occurs. Our results suggest that social innovations catalyze empowerment through a horizontal and co-creational organizational design, providing space for individuals to propose their goals and establishing mechanisms of mutual influence that transform individual autonomy into coactive power. This process kicks off social value creation, yet its reach within society depends on how much empowerment diffuses beyond the participants in the initiative.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"95 2","pages":"413-439"},"PeriodicalIF":1.6,"publicationDate":"2023-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12447","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84136166","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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