Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/245900 
Year of Publication: 
2021
Series/Report no.: 
Quaderni - Working Paper DSE No. 1159
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
The Italian region Emilia-Romagna ranks first among the world's most important cooperative districts. Using a unique dataset covering all firms registered in the region, we investigate the performance of active firms in the period 2010-18. By focusing on employment, revenue and profits of cooperative firms as compared to conventional firms, we disentangle the differences between the average performance of the two types of companies and detect the presence of a "size effect" driving much of the difference between them. Moreover, our results strengthen previous empirical evidence about the countercyclical role of cooperative firms: they seem to optimize a mixture of employment and profits, assigning a greater weight to the former during downturns and stagnation. Finally, we examine the regional logistics industry and compare also the profitability of employees in the two segments of the sector.
Subjects: 
cooperative firms
employment
Gini decomposition
JEL: 
L21
L25
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Working Paper

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