PUBLIC POLICY SUPPORT FOR AGRICULTURAL COOPERATIVES: AN ORGANIZATIONAL ECONOMICS APPROACH

Constantine N. Iliopoulos

47 citations0/0 files storedAnnals of Public and Cooperative Economics

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Cooperative Studies and Economics Agricultural economics and policies Agricultural Economics and Policy

Abstract

This paper addresses the issue of whether nontraditional agricultural cooperatives should be eligible for receiving public policy support. We adopt an organizational economics approach that appears to better inform policy design and suggest critical questions that both policy makers and regulators need to address before introducing measures and sanctions. After discussing the introduction of innovative cooperative models characterized by a whole new set of ownership and control rights, we recast vaguely defined property rights problems as attempts to maximize efficiency and avoid organizational decline rather than to take advantage of excessive market power in highly concentrated oligopsonistic/oligopolistic markets.

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References

1997Formal and Real Authority in Organizations 2004Understanding New Cooperative Models: An Ownership-Control Rights Typology 1999Informal authority in organizations 2001Organisational principles for co-operative firms 1962Cooperative Enterprise and Organization Theory 1990Imperfect Competition in Agricultural Markets and the Role of Cooperatives: A Spatial Analysis 2012Control Rights, Governance, and the Costs of Ownership in Agricultural Cooperatives 2001Institutions, Contracts and Organizations : Perspectives from New Institutional Economics

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2019Evaluating Public Policy Support for Agricultural Cooperatives 2019Options for agricultural service cooperatives in a postsocialist economy: Evidence from Romania 2019A Fuzzy Set Qualitative Comparative Analysis (fsQCA) of the Agricultural Cooperatives from South East Region of Romania 2019Does Participation in Agricultural Cooperatives Affect Farm Sustainability? Empirical Evidence from Taiwan

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