Efficiency of Cooperatives and investor owned firms revisited

R. Soboh, A.G.J.M. Oude Lansink, G. van Dijk

Research output: Contribution to journalArticleAcademicpeer-review

44 Citations (Scopus)

Abstract

The objectives of dairy processing cooperatives differ from those of investor-owned firms (IOFs). However, the literature usually assumes the same performance measures for cooperatives vis-a-vis IOFs. This study compares the performance of dairy cooperatives and IOFs in major European dairy producing countries. A traditional input oriented approach is used and two alternative approaches are used to account for the differential objectives of cooperatives. Cooperatives’ performance differs across the two approaches from being outperformed by IOFs using the input oriented approach to outperforming them when using an approach that is more in line with cooperatives’ objectives.
Original languageEnglish
Pages (from-to)142-157
JournalJournal of Agricultural Economics
Volume63
Issue number1
DOIs
Publication statusPublished - 2012

Keywords

  • models
  • industry

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