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Type: Journal Article
Journal title: German Journal of Agricultural Economics
Year of publication: 2012
Source:
AGRERI
Subject:
socioeconomic development
agricultural economics
cooperatives
agribusiness and cooperatives
Description:
This paper explores the cross-fertilization potential that exists between the economic theory of agricultural cooperatives and that of nonprofit organizations. A number of central ideas in the agricultural cooperative theory are shown to generate two novel insights pertaining to the nonprofit economics literature. First, as with agricultural cooperatives, nonprofit organizations can be conceptualized not only as firms but also as service agencies and stakeholder coalitions. Second, the demand-side economic justification of nonprofit organizations, like that of agricultural cooperatives, likely includes reasons other than market failure. The paper concludes by calling for research on how nonprofit economics can inform the theory of agricultural cooperatives.
Related Resources
Support for Farmers' Cooperatives-Experiences of non-EU OECD CountriesProvider: Subject: policies agricultural policies socioeconomic development economics agricultural economics cooperatives agribusiness and cooperatives agriculture agricultural practices farming systems cooperative farming Funded by: |
Member Heterogeneity in Agricultural Cooperatives: A Systems-Theoretic PerspectiveProvider: Subject: agricultural products agricultural economics trade cooperatives agribusiness and cooperatives agroindustrial sector agriculture cooperative farming agricultural trade Collected from: |
Incentives to Efficient Investment Decisions in Agricultural CooperativesRecent studies have questioned the competitiveness of agricultural cooperatives in an industrialized food system, based on empirical results and economic theory. New organizational institutions have been proposed to overcome the cooperative main weaknesses (the so called new generation cooperatives). In this paper, we provide a simple model based on a financial approach to address the issue of cooperative competitiveness and to assess the investment efficiency of both traditional and new generation cooperatives. The main conclusions of the analysis are: i) cooperatives (both traditional and new generation ones) may have incentive to adopt projects that do not maximize the Net Present Value of the firm ii) the institutions of new generation cooperatives are not sufficient to ensure net present value maximization, even though they address some of the main concerns of traditional cooperatives iii) traditional cooperatives may have a competitive advantage in businesses that require the aggregation of a large number of farmers. Provider: Subject: cooperatives agribusiness and cooperatives Collected from: |
AGRERI Library
Support for Farmers' Cooperatives-Experiences of non-EU OECD CountriesProvider: Subject: policies agricultural policies socioeconomic development economics agricultural economics cooperatives agribusiness and cooperatives agriculture agricultural practices farming systems cooperative farming Funded by: |
Member Heterogeneity in Agricultural Cooperatives: A Systems-Theoretic PerspectiveProvider: Subject: agricultural products agricultural economics trade cooperatives agribusiness and cooperatives agroindustrial sector agriculture cooperative farming agricultural trade Collected from: |
External Library
Incentives to Efficient Investment Decisions in Agricultural CooperativesRecent studies have questioned the competitiveness of agricultural cooperatives in an industrialized food system, based on empirical results and economic theory. New organizational institutions have been proposed to overcome the cooperative main weaknesses (the so called new generation cooperatives). In this paper, we provide a simple model based on a financial approach to address the issue of cooperative competitiveness and to assess the investment efficiency of both traditional and new generation cooperatives. The main conclusions of the analysis are: i) cooperatives (both traditional and new generation ones) may have incentive to adopt projects that do not maximize the Net Present Value of the firm ii) the institutions of new generation cooperatives are not sufficient to ensure net present value maximization, even though they address some of the main concerns of traditional cooperatives iii) traditional cooperatives may have a competitive advantage in businesses that require the aggregation of a large number of farmers. Provider: Subject: cooperatives agribusiness and cooperatives Collected from: |
