کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
884697 | 912409 | 2007 | 16 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Why is labour-managed firm entry so rare?: An analysis of UK manufacturing data
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
Why are there so few labour-managed entrants in market economies? We address this question by analysing a panel of labour-managed entrants into UK manufacturing industries. Using Poisson and negative binomial random effects models, our main finding is a significant negative relationship between entry counts and both the capital–labour ratio and the variance of profits. This is consistent with long-standing theoretical arguments that labour-managed firms face problems in raising capital and spreading risk.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 63, Issue 1, May 2007, Pages 177–192
Journal: Journal of Economic Behavior & Organization - Volume 63, Issue 1, May 2007, Pages 177–192
نویسندگان
Jan M. Podivinsky, Geoff Stewart,