The Productivity Effects of Employee Ownership within Command Economies: Evidence from Poland
Type of Work
Managerial and Decision Economics
The effects of employee ownership, broadly defined, are estimated for a sample of Polish producer cooperatives in three industries during 1976-78, i.e., when Poland was a centrally planned economy. The results indicate that, in general, increasing either worker participation in control and/or in economic returns provides positive effects on productivity. The pattern of the different effects of employee ownership varies significantly across sectors. This new evidence strongly suggests that workers within Soviet-type economies are responsive to economic incentives. Together with existing theoretical and empirical evidence for both Eastern and Western European firms, the findings suggest a larger role for employee ownership than typically either currently exists or that is under serious consideration in most restructuring economies.
Jones, Derek C., "The Productivity Effects of Employee Ownership within Command Economies: Evidence from Poland" (1993). Hamilton Digital Commons.
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