Canadian agricultural marketing co-operatives: Does regulatory environment affect performance?

TitleCanadian agricultural marketing co-operatives: Does regulatory environment affect performance?
Publication TypeThesis
Year of Publication2006
AuthorsGlover FE
Academic DepartmentAgricultural and Resource Economics
DegreeMaster of Science M.Sc.
Number of Pages258
UniversityUniversity of Alberta (Canada)
CityEdmonton, 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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