{"title":"Productivity drivers of infrastructure companies: Network industries utilizing economies of scale in the digital era","authors":"Ryota Nakatani","doi":"10.1111/apce.12412","DOIUrl":"10.1111/apce.12412","url":null,"abstract":"<p>What drives the productivity dynamics of infrastructure companies? Using a panel of firms in 14 countries, we study total factor productivity (TFP) enhancers of utility and network services companies. We find that moving TFP closer to the technological frontier drives productivity growth at higher speeds in Asian countries than in European countries. We also find that financial leverage exerts a positive effect on TFP growth for larger infrastructure firms and that more financially developed countries utilize economies of scale through better use of financial resources. Large utility and transportation companies display a higher rate of TFP growth, indicating that a competition policy to encourage M&As would be prudent for the utility/transportation sectors to maximize economies of scale. In contrast, we find diseconomies of scale for energy companies in some countries. Moreover, young network firms improve TFP growth faster than their peers in countries with fewer product market regulations. Therefore, policies should remove entry barriers while facilitating the departure of old and low-productivity firms from network markets. Finally, policymakers should offer well-targeted fiscal incentives for intangible investments to boost TFP because the accumulation of intangible assets such as digital technology promotes more scale economies through network effects.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1273-1298"},"PeriodicalIF":1.6,"publicationDate":"2023-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85010963","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}
{"title":"The regulatory effect of cooperation degree in increasing tobacco farmers’ income by mitigating production risk shocks","authors":"Ruoyan Zhang, Ru Chen","doi":"10.1111/apce.12410","DOIUrl":"10.1111/apce.12410","url":null,"abstract":"<p><b>Context</b>: Different from general agriculture, tobacco agriculture in China adopts the production mode of farmers’ cooperatives to instruct farmers to engage in tobacco agricultural production under a policy of tobacco control. In addition to providing convenience for industry technical standardization, the policy goal aims to cope with the impact of production risk shocks and ultimately ensure the modernization and transformation of the tobacco industry and the stability of income of farmers.</p><p><b>Objective</b>: This study intends to explore the influence mechanism of the different degrees of cooperation and participation in cooperatives on the income of tobacco farmers from the perspective of risk shocks.</p><p><b>Methods</b>: Through the quantitative methods of the OLS regression model, hierarchical regression model and moderation model, this paper analyzes the data of 393 farmers engaged in tobacco agricultural production in Shaanxi Province obtained from survey and empirically analyzes the relationship between the degree of cooperation and participation in cooperatives and income. Interaction terms between risk shocks and cooperation are introduced to verify the regulatory effect of participation in tobacco farmers’ professional cooperatives on mitigating risk shocks and improving agricultural income.</p><p><b>Results and conclusions</b>: The results show that while risk shocks, including natural risks, market risks and policy risks, negatively affect the income of tobacco farmers, the degree of cooperation and participation has a significant positive effect on the income of tobacco farmers, and the degree of peasant households’ participation in the professional cooperative of tobacco farmers as a moderator variable has a regulatory effect on mitigating the impact of risk shocks on the income of tobacco farmers. The mechanism of action is that tobacco farmers participate in cooperatives to a higher degree, which can further promote the association of farmers and jointly resist risk shocks by reducing production costs, improving the technical level, and strengthening risk prevention and other measures to improve the income level.</p><p><b>Significance</b>: It would be helpful to encourage tobacco farmers to take the initiative to participate in the daily management-related affairs and decisions of cooperatives, strengthen technical training, obey cooperative management, and actively respond to cooperative policies to effectively resist risk shocks and stabilize farmers’ income level and family welfare.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1323-1344"},"PeriodicalIF":1.6,"publicationDate":"2023-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76489254","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}
Wanglin Ma, Sanghyun Hong, W. Robert Reed, Jianhua Duan, Phong Luu
{"title":"Yield effects of agricultural cooperative membership in developing countries: A meta-analysis","authors":"Wanglin Ma, Sanghyun Hong, W. Robert Reed, Jianhua Duan, Phong Luu","doi":"10.1111/apce.12411","DOIUrl":"https://doi.org/10.1111/apce.12411","url":null,"abstract":"<p>This study uses a meta-analysis to synthesize the effects of agricultural cooperative membership on the yield of crops and livestock. It collects 158 estimated yield effects from 42 studies, covering 19 developing countries. Our analysis finds evidence that there exists positive publication bias in the empirical literature, confirming that researchers and journals have a preference to publish articles that report positive and significant results. After correcting for publication bias, we find that cooperative membership has a small-sized and insignificant effect on the yield. The meta-regression analysis reveals that variation in the reported yield effects can be largely explained by the study attributes such as the sample type (full sample vs. subsample), membership ratio, econometric approaches (instrumental-variable based parametric approach, non-parametric approach or ordinary least square regression), effect size types (average treatment effects on the treated, average treatment effects, or coefficient), agro-product type (grain or others), and climate zones (tropical or non-tropical).</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 3","pages":"761-780"},"PeriodicalIF":1.6,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12411","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50142847","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}
{"title":"Entrepreneurial ecosystem for cooperatives: The case of Kyrgyz agricultural cooperatives","authors":"Nazik Beishenaly, Frédéric Dufays","doi":"10.1111/apce.12407","DOIUrl":"10.1111/apce.12407","url":null,"abstract":"<p>The article discusses the development of agricultural cooperatives in Kyrgyzstan from an entrepreneurial ecosystem (EE) perspective. Agricultural development priorities explain cooperatives’ importance in Kyrgyz government's policies, but cooperatives still fail at countering the challenges of the smallholder economy. Considering agricultural cooperatives as a form of rural entrepreneurship, this paper aims to contribute to the discussion of the factors that support cooperatives in developing countries adapting the EE framework to cooperative entrepreneurship. Using a content analysis method, we analysed and coded textual data from documentary and archival publications on the agricultural cooperatives in Kyrgyzstan published by the government, cooperatives and their unions and the reports of international organizations. We identify five main dimensions of the cooperative entrepreneurial ecosystem for cooperatives: (1) policy and regulatory framework; (2) education and skills; (3) market environment; (4) culture; (5) networks. We found that even if the overall structure of cooperatives’ EE can be comparable to conventional enterprises, its sub-elements significantly differ for cooperative enterprises. Despite its exploratory character and single-case research design, this article contributes to the theoretical discussion on cooperative entrepreneurial ecosystems in post-socialist developing contexts and offers a framework of analysis for cooperative development policies and practices.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1173-1198"},"PeriodicalIF":1.6,"publicationDate":"2023-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79338203","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}
{"title":"Classifying responsible investors: Identifying clusters of Ontario investors","authors":"Anthony Piscitelli","doi":"10.1111/apce.12408","DOIUrl":"10.1111/apce.12408","url":null,"abstract":"<p>Little empirical research has explored Canadian investors' interest in responsible investing. A variety of demographic and attitudinal characteristics can contribute to who makes ethical investments. Using a survey of 1,834 residents of Ontario, Canada three groups of investors are identified: those interested in responsible investments who actively avoid investing in some sectors, those interested in responsible investments who do not actively avoid any types of investments, and traditional investors that are not interested in responsible investing. Demographic and attitudinal variables that explain who falls into which group are explored.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1133-1144"},"PeriodicalIF":1.6,"publicationDate":"2022-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75989680","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}
Imad Jabbouri, Rachid Jabbouri, Karim Bahoum, Yasmine El Hajjaji
{"title":"E-commerce adoption among Moroccan agricultural cooperatives: Between structural challenges and immense business performance potential","authors":"Imad Jabbouri, Rachid Jabbouri, Karim Bahoum, Yasmine El Hajjaji","doi":"10.1111/apce.12406","DOIUrl":"10.1111/apce.12406","url":null,"abstract":"<p>This paper explores the barriers that Moroccan agricultural cooperatives face in adopting E-commerce and the perceived impact this approach would hae on their business performance. We surveyed 120 Moroccan agricultural cooperatives and interviewed 13 cooperative presidents to collect both quantitative and qualitative data. We use descriptive and inferential statistics including independent <i>t</i>-tests, One-way ANOVA and post-hoc analysis for quantitative data while we use thematic analysis for qualitative analysis. We document that the most important barrier to the adoption of E-commerce in Moroccan agricultural cooperatives is the lack of information related to the low digital literacy of the cooperatives in question. Further, cooperatives believe that E-commerce will have the highest impact on their brand image and competitiveness but will have the lowest impact on operating speed. Our results show that the higher the level of digitalization the higher the perceived impact of E-commerce on business performance of Moroccan cooperatives. Our study provides a basis for understanding the challenges faced by Moroccan agricultural cooperatives in adopting E-commerce. Our results can be used to craft policies and programs that ease the integration of this segment into the digital ecosystem of Morocco.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1145-1171"},"PeriodicalIF":1.6,"publicationDate":"2022-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86374547","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}
{"title":"Manager bonding and the technical efficiency of cooperative credit unions-parametric and non-parametric analyses","authors":"Michael Adusei, Kwasi Poku, Samuel Akomea","doi":"10.1111/apce.12402","DOIUrl":"10.1111/apce.12402","url":null,"abstract":"<p>We engage parametric and non-parametric approaches to analyze unbalanced data (2012–16) from 225 credit unions in Ghana. The non-parametric analysis involves using data envelopment analysis to assess the technical efficiency of the credit unions. We show that most of them are not technically efficient. The average five-year overall technical efficiency and pure technical efficiency scores of a credit union are 0.87 and 0.91 respectively. Targeted at inquiring whether manager bonding significantly connects with the technical efficiency of credit unions, the parametric analysis which involves the use of probit and logit regression techniques, shows that, generally, the bonding of managers hurts the technical efficiency of credit unions. We are, thus, led to the conclusion that bonding of managers may not be in the best interest of credit unions in Ghana.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1085-1109"},"PeriodicalIF":1.6,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88685003","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}
Maria Bastida, Ana Olveira, Miguel Ángel Vázquez Taín
{"title":"Are cooperatives gender sensitive? A confirmatory and predictive analysis of women's collective entrepreneurship","authors":"Maria Bastida, Ana Olveira, Miguel Ángel Vázquez Taín","doi":"10.1111/apce.12405","DOIUrl":"10.1111/apce.12405","url":null,"abstract":"<p>The literature on entrepreneurship has developed a huge body of fruitful research to explain why women do not engage in business as often as men. However, relatively little is known about the role that different business models may play in driving women's entrepreneurial activity, which is examined in this study.</p><p>In this paper we develop a model to empirically test the relationship between women's motivations to become entrepreneurs and their willingness to embark on business through cooperatives, a particular organizational model. We find that the fit between women's needs and expectations and the guiding principles of cooperatives is decisive for the materialization of female entrepreneurship. Furthermore, we explore the role that institutions can play in fostering this link. In doing so, we extend the literature on women's entrepreneurship by highlighting key factors to better channel the development of this potential resource for economic development. Our confirmatory model highlights the role of cooperatives as a type of organization particularly suited to the interests and needs of women entrepreneurs. Thus, the promotion of this business model can be useful to improve the number of women entrepreneurs and, in turn, enhance economic development.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 4","pages":"1035-1059"},"PeriodicalIF":1.6,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12405","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82617763","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}
{"title":"Impact of farmer group participation on the adoption of sustainable farming practices—spatial analysis of New Zealand dairy farmers","authors":"Wei Yang, Le Wang","doi":"10.1111/apce.12404","DOIUrl":"https://doi.org/10.1111/apce.12404","url":null,"abstract":"<p>This paper analyzes the impact of participation in farmer groups on dairy farmers’ adoption of sustainable farming practices in New Zealand. A spatial propensity score matching method is used to consider the spatial dependence and social connections between farmers in the decision-making of farmer group participation and adoption of sustainable farming practices. The results show that farmers’ decisions of farmer group participation are affected by their neighbors’ choices, and participation in farmer groups has a positive effect on farmers’ adoption of sustainable farming practices. The findings indicate the important role of social interactions in farmers’ voluntary uptake of sustainable agricultural practices. Overall, the positive effect of farmer group participation on the adoption of sustainable agricultural practices highlights learning and knowledge spillover among farmers, which emerges as important to the formulation of sustainable farming policy.</p>","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"94 3","pages":"701-717"},"PeriodicalIF":1.6,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/apce.12404","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50123718","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}
{"title":"Le rôle grandissant et la diversité des formes de communs pour la production et la préservation des biens et services essentiels","authors":"Philippe Bance, J. Schoenmaeckers","doi":"10.1111/apce.12321","DOIUrl":"https://doi.org/10.1111/apce.12321","url":null,"abstract":"","PeriodicalId":51632,"journal":{"name":"Annals of Public and Cooperative Economics","volume":"23 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2022-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88191700","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}