Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
Bibliographic Data
| ID | 3551892 |
|---|---|
| Authors | John Pencavel, Luigi Pistaferri, Fabiano Schivardi (0000-0001-7708-1011) |
| Year | 2006 |
| Volume | 60 |
| Issue | 1 |
| Pages | 23-44 |
| Publication date | 2006-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/001979390606000102 |
| OpenAlex | W3124428132 |
| ISBN | 9793906060001 |
| Language | EN |
| Citations received | 27 |
| References cited | 8 |
The authors investigate how worker-owned and capitalist enterprises differ with respect to wages, employment, and capital in Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. Estimates calculated using a matched employer-worker panel data set for the years 1982-94 largely corroborate the implications of orthodox behavioral models of the two types of enterprise. Co-ops had 14% lower wages than capitalist enterprises, on average; more volatile wages; and less volatile employment. Given the quality of the data set analyzed, the authors argue, these results can be regarded as having broad generality
Business · Capital (architecture · Economics · Labour economics · Wage · Cooperative Studies and Economics
Immigrants’ Employment in Spanish Cooperatives
Producer Co‐Operatives
Governing cooperatives in the context of individual motives
Employment Stabilization Inside Firms
Why Wages Tend to Be Lower in Worker‐owned Firms Than in Investor‐owned Firms
Co‐operative enterprise anti‐cyclicality and the economic crisis
Are Cooperatives More Productive Than Investor‐owned Firms? Cross‐industry Evidence From Portugal
Cooperative Firms and the Crisis
The Theory of the Labor‐managed Firm
Cooperative Essence and Entrepreneurial Quality
Matching Profit and Non‐profit Needs
The Wage Gap Between Cooperative and Capitalist Firms
When workers get to choose
Equilibrium unemployment as a worker insurance device
Property rights, sick pay and effort supply
Intersecting Identities
A legal right to workplace democracy
Revisiting Globalization Challenges and Opportunities in the Development of Cooperatives
Motivational drivers to choose worker cooperatives as an entrepreneurial alternative
Radical labour republicanism
Equality Under Threat by the Talented
Producer co-operatives and economic efficiency
Hierarchy, equality, or democracy
Transformative perspectives on labour geographies - The role of labour agency in processes of socioecological transformations
Productivity, Capital, and Labor in Labor-Managed and Conventional Firms
How Well Do Worker Cooperatives Perform in Manufacturing? Evidence from a Large Low-Income Country
Are Worker-Managed Firms More Likely to Fail Than Conventional Enterprises? Evidence from Uruguay
| Unique citing works | 27 |
|---|---|
| Citations per year | 1,93 |
| Citation span | 2012 - 2026 (15) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 27 |