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Do labour-managed firms benefit from agglomeration?

Do labour-managed firms benefit from agglomeration?
Do labour-managed firms benefit from agglomeration?
Panel data on the entry of labour-managed firms in the Basque Country are used to test for the presence of agglomeration externalities. A variety of controls are employed to deal with the identification problem that confronts any attempt to measure such effects. Consistent with theoretical arguments, we find evidence of positive non-industry-specific externalities among labour-managed firms. Our results do not rule out the additional presence of industry-specific externalities among such firms, but do indicate an absence of externalities flowing from capitalist to labour-managed firms.
labour-managed firms, cooperatives, agglomeration
0167-2681
193-200
Arando, Saioa
5a36742a-f7bd-4ce4-b5c4-9d58a1c8bfb9
Gago, Monica
ab166aaa-6ab7-4f6e-96df-f9195102bdad
Podivinsky, Jan M.
68b5a6e8-9d09-4a3e-97b2-4a9e4f1efbb9
Stewart, Geoff
a94573f3-bb92-416f-ba18-3c6272224d18
Arando, Saioa
5a36742a-f7bd-4ce4-b5c4-9d58a1c8bfb9
Gago, Monica
ab166aaa-6ab7-4f6e-96df-f9195102bdad
Podivinsky, Jan M.
68b5a6e8-9d09-4a3e-97b2-4a9e4f1efbb9
Stewart, Geoff
a94573f3-bb92-416f-ba18-3c6272224d18

Arando, Saioa, Gago, Monica, Podivinsky, Jan M. and Stewart, Geoff (2012) Do labour-managed firms benefit from agglomeration? Journal of Economic Behavior & Organization, 84 (1), 193-200.

Record type: Article

Abstract

Panel data on the entry of labour-managed firms in the Basque Country are used to test for the presence of agglomeration externalities. A variety of controls are employed to deal with the identification problem that confronts any attempt to measure such effects. Consistent with theoretical arguments, we find evidence of positive non-industry-specific externalities among labour-managed firms. Our results do not rule out the additional presence of industry-specific externalities among such firms, but do indicate an absence of externalities flowing from capitalist to labour-managed firms.

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More information

Published date: September 2012
Venue - Dates: 37th EARIE Annual Conference, Turkey, 2010-09-02 - 2010-09-04
Keywords: labour-managed firms, cooperatives, agglomeration
Organisations: Economics

Identifiers

Local EPrints ID: 155697
URI: https://eprints.soton.ac.uk/id/eprint/155697
ISSN: 0167-2681
PURE UUID: 1eafd53b-4c4c-4eab-8827-2aecc0d2c588

Catalogue record

Date deposited: 28 May 2010 12:52
Last modified: 18 Oct 2017 14:49

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Contributors

Author: Saioa Arando
Author: Monica Gago
Author: Geoff Stewart

University divisions

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