What are the determinants of the pay gap between conventional firms and cooperatives? Evidence from France
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3 février 2017
- handle: 10670/1.lshn6y
- hal: hal-01455741
info:eu-repo/semantics/OpenAccess
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Distribution, Cooperative Cooperative associations Co-operative societies Cooperative distribution Co-ops (Cooperative societies) Stores, Cooperative Cooperatives Cooperative stores Coops (Cooperative societies)Citer ce document
Franck Bailly et al., « What are the determinants of the pay gap between conventional firms and cooperatives? Evidence from France », HAL-SHS : économie et finance, ID : 10670/1.lshn6y
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Résumé
The aim of this article is to study the wage differentials between conventional firms and non-worker cooperatives, which has seldom been done in the literature to date. Using French administrative data, we analyse the determinants of these wage differentials. This investigation is carried out across all industries and it is repeated for the banking industry. Taking all industries into account, conventional firms offer lower wages than cooperatives. Most of this pay gap is explained by differences in the characteristics of the employees, jobs and companies. If we focus just on firms in the banking industry, it becomes clear that conventional firms pay higher wages than cooperatives but this gap is explained solely by differences in characteristics. However, their impact is weakened somewhat by differences in the wage return to these characteristics, which work in favour of employees in cooperatives.