Title | Canadian agricultural marketing co-operatives: Does regulatory environment affect performance? |
Publication Type | Thesis |
Year of Publication | 2006 |
Authors | Glover FE |
Academic Department | Agricultural and Resource Economics |
Degree | Master of Science M.Sc. |
Number of Pages | 258 |
University | University of Alberta (Canada) |
City | Edmonton, AB |
Abstract | This thesis studies the performance of marketing co-operatives, examining the potential effects of supply management on the co-operatives operating in supply management sectors and those not operating under it. The data used is unbalanced panel of financial data from 1984--2001 from the annual survey of agribusiness co-operatives conducted by the Canadian Co-operatives Secretariat, Government of Canada.Financial ratio analysis was used to estimate the effects of membership size, firm size, prices of input, time trends, market concentration, market share of a co-operative and financial leverage on profit margin and current ratio of individual co-operatives. Profit function and efficiency estimations were also used to estimate the technical and allocative efficiencies of the various co-operatives.Supply-managed co-operatives were found to have comparable financial ratios to non supply-managed co-operatives. Both supply-managed and non supply-managed co-operatives were concluded to be technically and allocatively inefficient with the former being more responsive to efficiency improvements. |
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