EN
TR
Impact of Cooperatives on Economic Growth and Employment in Italy
Abstract
The concepts of economic growth and employment evidently have a deep-rooted history in the economics literature. Especially with the effect of the intellectual revolution and enlightenment that took place in parallel with the Industrial Revolution, the developments in science have also found reflection in the field of economy. The modern cooperative movement, which advocates a participatory and democratic management structure, has spread to Europe and to the world starting from England depending on the pace of industrialization. Today, cooperatives operating in developed countries have an important role in supporting economic growth and employment in their economies. In line with the sustainable development goals, it is observed that the importance attributed to cooperatives has increased throughout Europe, especially in the European Union countries. Accordingly, in this study, the effect of cooperatives on economic growth and employment in Italy, which has a long history of cooperative movement, is analyzed econometrically with the models created using the data from Italian National Institute of Statistics regarding Italy’s 21 Nomenclature of Territorial Units for Statistics-2 regions for the period of 2011-2022. According to the findings from the econometric analysis, it is seen that the employment created by the cooperatives has positive and statistically significant effects on economic growth and employment.
Keywords
References
- Arellano, M., and Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277-297. https://doi.org/10.2307/2297968
- Arellano, M., and Bover, O. (1995). Another look at the instrumental variable estimation of error-components models, Journal of Econometrics, 68(1), 29-51. https://doi.org/10.1016/0304-4076(94)01642-D
- Baltagi, B. H. (2021). Econometric analysis of panel data (6th ed.), Springer. https://doi.org/10.1007/978-3-030-53953-5
- Bartlett, W., Cable, J., Estrin, S., Jones, Derek C., and Smith, Stephen C. (1992). Labor-managed cooperatives and private firms in North Central Italy: an empirical comparison. Industrial and Labor Relations Review, 46(1), 103-118. https://doi.org/10.2307/2524741
- Birchall, J. (2012). The comparative advantages of member-owned businesses. Review of Social Economy, 70(3), 263-294. https://doi.org/10.1080/00346764.2011.632326
- Birchall, J., and Ketilson, L. H. (2009). Resilience of the cooperative business model in times of crisis: sustainable enterprise programme, ILO.
- Blundell, R., & Bond, S. (2000). GMM estimation with persistent panel data: An application to production functions, Econometric Reviews, 19(3), 321-340. https://doi.org/10.1080/07474930008800475
- Borzaga, C., Depedri, S., and Bodini, R. (2010). Cooperatives: the Italian experience. Euricse: Cooperative Opportunities Conference.
Details
Primary Language
English
Subjects
Economic Development Policy
Journal Section
Research Article
Authors
Publication Date
March 27, 2025
Submission Date
June 27, 2024
Acceptance Date
March 19, 2025
Published in Issue
Year 2025 Volume: 14 Number: 1
APA
Hacısüleyman, D. (2025). Impact of Cooperatives on Economic Growth and Employment in Italy. Kırklareli Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 14(1), 1-22. https://doi.org/10.53306/klujfeas.1506232
AMA
1.Hacısüleyman D. Impact of Cooperatives on Economic Growth and Employment in Italy. KLUJFEAS. 2025;14(1):1-22. doi:10.53306/klujfeas.1506232
Chicago
Hacısüleyman, Deniz. 2025. “Impact of Cooperatives on Economic Growth and Employment in Italy”. Kırklareli Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 14 (1): 1-22. https://doi.org/10.53306/klujfeas.1506232.
EndNote
Hacısüleyman D (March 1, 2025) Impact of Cooperatives on Economic Growth and Employment in Italy. Kırklareli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 14 1 1–22.
IEEE
[1]D. Hacısüleyman, “Impact of Cooperatives on Economic Growth and Employment in Italy”, KLUJFEAS, vol. 14, no. 1, pp. 1–22, Mar. 2025, doi: 10.53306/klujfeas.1506232.
ISNAD
Hacısüleyman, Deniz. “Impact of Cooperatives on Economic Growth and Employment in Italy”. Kırklareli Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 14/1 (March 1, 2025): 1-22. https://doi.org/10.53306/klujfeas.1506232.
JAMA
1.Hacısüleyman D. Impact of Cooperatives on Economic Growth and Employment in Italy. KLUJFEAS. 2025;14:1–22.
MLA
Hacısüleyman, Deniz. “Impact of Cooperatives on Economic Growth and Employment in Italy”. Kırklareli Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 14, no. 1, Mar. 2025, pp. 1-22, doi:10.53306/klujfeas.1506232.
Vancouver
1.Deniz Hacısüleyman. Impact of Cooperatives on Economic Growth and Employment in Italy. KLUJFEAS. 2025 Mar. 1;14(1):1-22. doi:10.53306/klujfeas.1506232