Technical efficiency and cooperatives life cycle: a panel data analysis

Authors

  • Lucas Batista dos Santos Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto – Universidade de São Paulo (USP), Ribeirão Preto, SP. https://orcid.org/0000-0002-2473-9243
  • Davi Rogério Moura Costa Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto – Universidade de São Paulo (USP)

DOI:

https://doi.org/10.5902/2359043236994

Keywords:

technical efficiency, cooperativism, cooperatives life cycle, bankruptcy, dea

Abstract

This paper investigates the degree of technical efficiency of Brazilian cooperatives through the empirical study of the propositions of cooperatives life cycle theory, thus verifying if inefficiency is present in cooperatives that discontinued their operations in the period from 2004 to 2014. The work determines the technical efficiency score through the Data Envelopment Analysis (DEA) approach. The hypothesis tests aim to compare the samples of discontinued cooperatives (paralyzed, settled and incorporated) with the cooperatives that remained active in the period. The main results are that the discontinued cooperatives and their subgroup, the settled cooperatives, have lower levels of gross revenues, payroll, administrative expenses and non-current assets than the other cooperatives. Incorporated cooperatives have the same size as the others, but are more indebted than them. And finally, by validating the central hypothesis of the work, the discontinued cooperatives were more inefficient.

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Author Biography

Davi Rogério Moura Costa, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto – Universidade de São Paulo (USP)

 Bacharel em Engenharia Agronomica pela Escola Superior de Agricultura ´Luiz de Queiroz´ (1998), Mestrado em Economia Aplicada pela mesma Escola em 2005 e adquire meu Doutorado em Economia na Escola de Economia de São Paulo da Fundação Getúlio Vargas (EESP/FGV) em 2010. Atualmente sou Professor Doutor na Faculdade de Administração, Economia e Contabilidade da USP em Ribeirão Preto e Coordenador da Rede de Estudos em Cooperativas - RECoop .

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Published

2020-07-13

How to Cite

dos Santos, L. B., & Costa, D. R. M. (2020). Technical efficiency and cooperatives life cycle: a panel data analysis. Revista De Gestão E Organizações Cooperativas, 7(13). https://doi.org/10.5902/2359043236994

Issue

Vol. 7 No. 13 (2020)

Section

Artigos

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