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

By Saul Estrin, Derek C. Jones and Jan Svejnar

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

Topics: H Social Sciences (General), HB Economic Theory
Publisher: Elsevier
Year: 1987
DOI identifier: 10.1016/0147-5967(87)90040-0
OAI identifier: oai:eprints.lse.ac.uk:20486
Provided by: LSE Research Online
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