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The productivity effects of worker participation: producer cooperatives in western economies

Estrin, Saul and Jones, Derek C. and Svejnar, Jan (1987) The productivity effects of worker participation: producer cooperatives in western economies. Journal of Comparative Economics, 11 (1). pp. 40-61. ISSN 0147-5967

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Identification Number: 10.1016/0147-5967(87)90040-0

Abstract

The paper presents econometric estimates of productivity effects of various forms of worker participation in Western producer cooperatives. While the effects vary across institutional settings, the overall effect is found to be positive. The positive effects are found most uniformly with respect to profit sharing and, to a slightly lesser extent, individual capital (share) ownership and participation in decision-making by workers. The size of individual worker loans to the coop is unrelated to productivity, while collective capital ownership exhibits an insignificant or a negative productivity effect.

Item Type: Article
Official URL: http://www.sciencedirect.com/science/journal/01475...
Additional Information: © 1987 Elsevier
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Sets: Collections > Economists Online
Date Deposited: 07 Aug 2008 08:46
Last Modified: 25 Aug 2017 10:20
URI: http://eprints.lse.ac.uk/id/eprint/20486

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