Work

The evolution of the Dutch dairy industry and the rise of cooperatives: a research note

Year: 2013
Type: article
Abstract: : Economic historians tend to explain the rise of the cooperative form in agriculture from the advantage of cooperative over private factories in reducing transaction costs with suppliers. This study provides a first test of this thesis using data on 1,130 dairy factories in The Netherlands. Indeed, we find that cooperative factories performed significantly better than private factories. The persistence of private factories in certain regions can be explained by first-mover advantages.
Author: KOEN FRENKEN
Language: English
Open Access status: green
OpenAlex ID: W2128897089
FWCI: 1.666
Cites: 16
Cited by: 32
Related to: 10