One of the main incentives to promote cooperatives is that they enhance sustainable economic development centered on people and communities. In fact, cooperatives generate social value that transcends the economic profit.The main goal of this paper is to explore the nature of the link between...

This paper analyses the evolution of pharmaceutical expenditure with respect to GDP for a group of the most important OECD economies. We find that this relationship is not stable across the sample considered (1960-2003), and heterogeneity is found in the temporal evolution of the variables and...

The article analyses the evolution of the employment created by cooperative societies and its relationship with total employment in Spain during 1994-2007. We focus, first, on the comparison of the convergence processes of cooperative and total employments and second, on their relationship, in...

Panel data on the entry of both worker cooperative and capitalist firms in Spain are used to test the spatial determinants at regional level. Cooperative firms in general are also included in the analysis. We focus on supply, demand and institutional factors, including specific factors of...

El análisis económico de las organizaciones se encuentra sometido al criterio neoclásico, asociado a las características de la empresa capitalista. En el caso de las sociedades cooperativas, se han identificado una serie de desventajas, producto de su estructura de propiedad y control, así...

Purpose The aim of this paper is to describe the main characteristics of het two most recognised models in Spain: worker cooperatives and worker-owned companies ( Sociedades Laborales ). Design/methodology/approach To this end, a review will be carried out of the main factors from the regulatory...