The utility of manufacturing cooperatives

Research output: Contribution to journalArticle


The purpose of this paper is to consider and estimate the utility of manufacturing cooperatives for members of the cooperative. Using a simple dynamic model, special issues which have contributed to the successes and failures of manufacturing cooperatives are outlined and their implications drawn. In particular, relative wage rates (in and out of the cooperative), income uncertainty, employment security, manufacturing cooperative's capitalization and size, etc. are discussed within the confines of the model.

Original languageEnglish (US)
Pages (from-to)471-483
Number of pages13
JournalJournal of Economic Dynamics and Control
Issue number3
Publication statusPublished - 1989


ASJC Scopus subject areas

  • Economics and Econometrics
  • Control and Optimization

Cite this