Financial constraints and technical efficiency: some empirical evidence for Italian producers' cooperatives

Ornella Wanda Maietta, Vania Sena*

*Corresponding author for this work

Research output: Contribution to journalArticle


In this paper, we test the extent to which producers' cooperatives can experience an increase in technical efficiency following a tightening of financial constraints. This hypothesis is tested on a sample of Italian conventional and cooperative firms for the wine production and processing sector, using frontier analysis. The results support the hypothesis that increasing financial pressure can affect positively the cooperatives efficiency. Journal compilation

Original languageEnglish
Pages (from-to)21-38
Number of pages18
JournalAnnals of Public and Cooperative Economics
Issue number1
Early online date11 Feb 2010
Publication statusPublished - Mar 2010


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