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Profiles and Economic Performance of Dairy Co-Operatives in Indonesia : A Case Study of Five Dairy Co-operatives in Java, 1980-1996
Bok av Muhamad Nadratuzzaman Hosen
This book examines the economic
performance of dairy co-operative in java during the
1980-1996 periods. In fact, no wide-ranging or in-depth
research on dairy co-operatives as economic organizations
has been conducted, nor has an analysis of time series been
undertaken in terms of profitability, productivity and
technical efficiency of co-operatives. This book proposes to
fill that gap by focusing on the profitability, productivity
and technical efficiency of the five co-operatives. Using
financial analysis, the profitability of the five
co-operative was low, meanwhile, using analysis of New
Institutional Economics shows that transaction and
organization cost were significant in reducing profit in the
five co-operative. Using Tornqvist index number and the
stochastic production frontier as tools for analysis, the
productivity and technical efficiency in all co-operatives
were not low. This was because Indonesian government imposed
Proportional Import Ratio Policy which protected dairy
co-operative during 1980-1996 periods. This book is useful
for people involved in co-operative movement, researcher and
lecturer, practitioners and students at the university.