@inbook{405f7f47bfba4c0abe42fd10d3349c21,
title = "Organizational capital, product market competition and technical efficiency in Italian cooperatives",
abstract = "This paper tries to identify under which conditions increasing market competition may help cooperatives to improve technical efficiency to guarantee positive profits. This hypothesis is first formalized in a partial equilibrium framework and then is tested on a sample of Italian conventional and cooperative firms, using frontier analysis. Technical efficiency indexes are computed by using the one-stage approach as suggested by Battese and Coelli (1995), where proxies for competition are introduced as determinants of efficiency, along with other exogenous factors accounting for the firms{\textquoteright} heterogeneity. However, the overall impact of increasing competition on efficiency is negative.",
keywords = "market competition, technical efficiency, positive profits, Italian, conventional firms, cooperative firms, technical efficiency indexes, competition, efficiency",
author = "Maietta, {Ornella W.} and Vania Sena",
year = "2007",
doi = "10.1016/S0885-3339(06)10002-2",
language = "English",
isbn = "9780762313891",
series = "Advances in the Economic Analysis of Participatory & Labor-managed Firms",
publisher = "JAI Press",
pages = "29--45",
booktitle = "Advances in the Cooperative firms in global markets: incidence, viability and economic performance",
address = "United States",
}