|
||||
|
||||
Organizational Form and Efficiency: Evidence from Indian Sugar ManufacturingMichael FerrantinoU.S. International Trade Commission Gary D. FerrierUniversity of Arkansas - Sam M. Walton College of Business Carl B. LinvillGovernment of the State of Nevada - Nevada State Office of Energy J. OF COMPARATIVE ECONOMICS, Vol. 21 No. 1, August 1995 Abstract: Frontier cost and production functions are used to examine the effects of ownership on intrafirm differences in technical, cost, and allocative efficiency in the Indian sugar processing industry. Cooperatives are found to be as or more efficient than their counterparts. The results suggest that technical and coordination economies of vertical integration provide important advantages for the cooperative form of organization. We also find that seasonal labor is overutilized and permanent labor is underutilized relative to their cost-minimizing proportions. This is possibly a second-best solution in light of employment regulations.
JEL Classification: J43, L66 Accepted Paper SeriesDate posted: July 7, 1998Suggested CitationContact Information
|
|
|||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo7 in 0.313 seconds