Cooperative employment cycles in Spain. Does regional localization matter?

This paper presents a territorial analysis of the cooperatives within various Spanish regions. The purpose is threefold. The first objective is to investigate whether the cooperatives' employment cycle shows a different relationship regarding the business cycle and whether this depends on the r...

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Detalles Bibliográficos
Autores: Sala Rios, Mercè, Farré i Perdiguer, Mariona, Torres Solé, Teresa
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2020
País:España
Institución:Universitat de Lleida (UdL)
Repositorio:Repositori Obert UdL
OAI Identifier:oai:repositori.udl.cat:10459.1/70283
Acceso en línea:https://doi.org/10.5209/reve.71857
http://hdl.handle.net/10459.1/70283
Access Level:acceso abierto
Palabra clave:Cooperativas
Ciclo económico
Sincronización cíclica
Empleo
Crisis
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spelling Cooperative employment cycles in Spain. Does regional localization matter?Los ciclos del empleo de las cooperativas en España. ¿Importa la localización regional?Sala Rios, MercèFarré i Perdiguer, MarionaTorres Solé, TeresaCooperativasCiclo económicoSincronización cíclicaEmpleoCrisisThis paper presents a territorial analysis of the cooperatives within various Spanish regions. The purpose is threefold. The first objective is to investigate whether the cooperatives' employment cycle shows a different relationship regarding the business cycle and whether this depends on the regional localization of the cooperatives. The second is to evaluate whether the greater the cooperative tradition, the greater the decoupling between business cycle and cooperatives' cyclical phases. The third objective is to find out if, within the different Spanish regions, those cooperatives that survived the 2008 crisis share some common patterns. Our results show that (1) more than 50% of the regions achieve a medium degree of a pro-cyclical relationship and that only a small group of regions presents a counter-cyclical relationship; (2) the cooperatives' employment exhibits a certain degree of resilience; and (3) the cooperatives that survived the crisis were mature, small-sized firms with adequate financial ratios but with a negative profit margin.Este artículo presenta un análisis territorial de las cooperativas desglosado a nivel de Comunidades Autónomas (CCAA). Tres son los principales objetivos. En primer lugar, investigar si el ciclo del empleo de las cooperativas muestra una relación diferente con respecto al ciclo económico dependiendo de la localización regional de las cooperativas. En segundo lugar, evaluar si cuanto mayor es la tradición cooperativa de la CCAA, mayor es el desacoplamiento entre el ciclo económico y las fases cíclicas de las cooperativas. Por último, descubrir si, dentro de las diferentes CCAA, las cooperativas que sobrevivieron a la crisis de 2008 comparten algunos patrones comunes. Nuestros resultados muestran que (1) más del 50% de las CCAA logran un grado medio de relación pro-cíclica y que solo un pequeño grupo de ellas presenta una relación contra-cíclica; (2) el empleo de las cooperativas exhibe un cierto grado de resiliencia; y (3) las cooperativas que sobrevivieron a la crisis eran empresas maduras, de pequeño tamaño, con índices financieros adecuados, pero con un margen de beneficio negativo.Ediciones Complutense2020info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://doi.org/10.5209/reve.71857http://hdl.handle.net/10459.1/70283reponame:Repositori Obert UdL instname:Universitat de Lleida (UdL)InglésReproducció del document publicat a https://doi.org/10.5209/reve.71857REVESCO. Revista de Estudios cooperativos, 2020, núm. 136, p.1-25cc-by (c) Sala et al., 2020info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by/4.0/deed.esoai:repositori.udl.cat:10459.1/702832026-06-24T12:42:17Z
dc.title.none.fl_str_mv Cooperative employment cycles in Spain. Does regional localization matter?
Los ciclos del empleo de las cooperativas en España. ¿Importa la localización regional?
title Cooperative employment cycles in Spain. Does regional localization matter?
spellingShingle Cooperative employment cycles in Spain. Does regional localization matter?
Sala Rios, Mercè
Cooperativas
Ciclo económico
Sincronización cíclica
Empleo
Crisis
title_short Cooperative employment cycles in Spain. Does regional localization matter?
title_full Cooperative employment cycles in Spain. Does regional localization matter?
title_fullStr Cooperative employment cycles in Spain. Does regional localization matter?
title_full_unstemmed Cooperative employment cycles in Spain. Does regional localization matter?
title_sort Cooperative employment cycles in Spain. Does regional localization matter?
dc.creator.none.fl_str_mv Sala Rios, Mercè
Farré i Perdiguer, Mariona
Torres Solé, Teresa
author Sala Rios, Mercè
author_facet Sala Rios, Mercè
Farré i Perdiguer, Mariona
Torres Solé, Teresa
author_role author
author2 Farré i Perdiguer, Mariona
Torres Solé, Teresa
author2_role author
author
dc.subject.none.fl_str_mv Cooperativas
Ciclo económico
Sincronización cíclica
Empleo
Crisis
topic Cooperativas
Ciclo económico
Sincronización cíclica
Empleo
Crisis
description This paper presents a territorial analysis of the cooperatives within various Spanish regions. The purpose is threefold. The first objective is to investigate whether the cooperatives' employment cycle shows a different relationship regarding the business cycle and whether this depends on the regional localization of the cooperatives. The second is to evaluate whether the greater the cooperative tradition, the greater the decoupling between business cycle and cooperatives' cyclical phases. The third objective is to find out if, within the different Spanish regions, those cooperatives that survived the 2008 crisis share some common patterns. Our results show that (1) more than 50% of the regions achieve a medium degree of a pro-cyclical relationship and that only a small group of regions presents a counter-cyclical relationship; (2) the cooperatives' employment exhibits a certain degree of resilience; and (3) the cooperatives that survived the crisis were mature, small-sized firms with adequate financial ratios but with a negative profit margin.
publishDate 2020
dc.date.none.fl_str_mv 2020
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://doi.org/10.5209/reve.71857
http://hdl.handle.net/10459.1/70283
url https://doi.org/10.5209/reve.71857
http://hdl.handle.net/10459.1/70283
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Reproducció del document publicat a https://doi.org/10.5209/reve.71857
REVESCO. Revista de Estudios cooperativos, 2020, núm. 136, p.1-25
dc.rights.none.fl_str_mv cc-by (c) Sala et al., 2020
info:eu-repo/semantics/openAccess
http://creativecommons.org/licenses/by/4.0/deed.es
rights_invalid_str_mv cc-by (c) Sala et al., 2020
http://creativecommons.org/licenses/by/4.0/deed.es
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Ediciones Complutense
publisher.none.fl_str_mv Ediciones Complutense
dc.source.none.fl_str_mv reponame:Repositori Obert UdL
instname:Universitat de Lleida (UdL)
instname_str Universitat de Lleida (UdL)
reponame_str Repositori Obert UdL
collection Repositori Obert UdL
repository.name.fl_str_mv
repository.mail.fl_str_mv
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