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Regional Economics: Theory and Practice
 

A system of consumer cooperation: The principle of institutional matrices

Vol. 15, Iss. 3, MARCH 2017

PDF  Article PDF Version

Received: 15 August 2016

Received in revised form: 20 September 2016

Accepted: 30 September 2016

Available online: 16 March 2017

Subject Heading: SOCIOECONOMIC POLICY

JEL Classification: В52, O17, Р13

Pages: 471-481

https://doi.org/10.24891/re.15.3.471

Tinyakova V.I. Russian State Social University, Moscow, Russian Federation
tviktoria@yandex.ru

Morozova N.I. Volgograd Cooperative Institute, Branch of Russian University of Cooperation, Volgograd, Russian Federation
miss.natalay2012@yandex.ru

Makarova N.N. Volgograd Cooperative Institute, Branch of Russian University of Cooperation, Volgograd, Russian Federation
yamg@mail.ru

Kupryushina O.M. Voronezh State University, Voronezh, Russian Federation
kupryushina@econ.vsu.ru

Subject The article studies the consumer cooperatives system, that forms a specific structure, from a perspective of institutional matrix.
Objectives The article aims to study the development of consumer cooperation in the context of the principle of institutional matrices application. As well, the paper aims to show the impact of government policies in the field of consumer cooperation in terms of determining the future direction of its institutional transformation.
Methods For the study, we used the provisions of the institutional matrix concept, methods of logic, and institutional analysis.
Results The paper shows the identified and predicted effects of public corporate policies in the economic field on institutional changes in the field of consumer cooperation.
Conclusions The paper concludes that in the process of adapting the subjects of consumer cooperation to market conditions, market institutions will be integrated into niches of their institutional structure, which is formed on the basis of institutions of redistributive economy.

Keywords: consumer cooperatives, sustainable development, State farm policy, institutional matrix, institutional environment

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