Cooperative pricing and scale efficiency: The case of Korean rice processing complexes
Cooperative pricing and scale efficiency: The case of Korean rice processing complexes
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合作定价与规模效率：韩国大米加工企业案例
DOI：
10.1111/agec.12013
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发表时间：
2013
影响因子：
4.1
通讯作者：
M. Gopinath
中科院分区：
文献类型：
--
作者：
C. Yoo;S. Buccola;M. Gopinath
与大多数投资者拥有的企业不同，合作社往往可以自由选择各种公司目标。使用2002 - 2008年的工厂和省级数据，我们问在本文章中的几个可供选择的最大限度的韩国合作大米加工企业追求。与以往的研究相比，农民成员的供应功能被纳入合作社的优化框架。我们发现，只有大型合作企业经营规模有效，而小型和中型的规模效率低下。由于后者在规模收益不断增加的地方运作，中小型合作社的合并可能会降低成本，提高成员收益。
Unlike most investor-owned enterprises, cooperatives often have freedom to choose among a variety of firm objectives. Using 2002–2008 plantand province-level data, we ask in the present article which of several alternative maximands a Korean cooperative rice processing firm pursues. In contrast to earlier studies, farmer-member supply functions are incorporated into the cooperative’s optimization framework. We show that only large cooperative firms have operated at efficient scale, while small and medium-sized ones have been scale-inefficient. Because the latter operate where scale returns are increasing, mergers of small and medium-sized cooperatives likely would be cost-reducing and member-return-enhancing.