Cooperative and Investor-Oriented Firm Efficiency: A Multiproduct Analysis

A multiproduct variable cost function was used to compare the efficiency of Midwestern cooperative and investor-oriented grain and farm supply firms. Results suggest that cooperatives are no less efficient in a variable cost sense than their investor-oriented counterparts. Concerning fixed input-variable cost elasticities, investor-oriented firms may be more effective in their use of plant and equipment, but cooperatives make more efficient use of other fixed inputs.


Subject(s):
Issue Date:
1992
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/46280
Published in:
Journal of Agricultural Cooperation, Volume 07
Page range:
1-14
Total Pages:
14




 Record created 2017-04-01, last modified 2017-04-27

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