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

Estrin, Saul; Jones, Derek C.; Svejnar, Jan

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.

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Also Published In

Title
Journal of Comparative Economics
DOI
https://doi.org/10.1016/0147-5967(87)90040-0

More About This Work

Academic Units
International and Public Affairs
Publisher
Elsevier
Published Here
July 12, 2016
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