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Reverse-Share-Tenancy and Marshallian Inefficiency

Reverse-Share-Tenancy and Marshallian Inefficiency PDF Author: Hosaena Ghebru Hagos
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 48

Book Description
While there are ample empirical studies that claim the potential disincentive effects of sharecropping arrangements, the existing literature is shallow in explaining why share tenancy contracts are prevalent and diffusing in many developing countries. Using a unique tenant-landlord matched dataset from the Tigray region of Ethiopia, we are able to show how the tenants’ strategic response to the varying economic and tenure-security status of the landlords can explain sharecroppers’ productivity differentials. To the best of our knowledge, this is the first study to use tenant–landlord matched data that accounts for both the supply (landlord) and demand (tenant) side characteristics in analyzing sharecroppers’ level of effort and productivity. The study reveals that sharecroppers’ yields are significantly lower on plots leased from landlords who are non-kin, who are female, who have lower income-generating opportunity, and who are tenure insecure than on plots leased from landlords with the opposite characteristics. While, on aggregate, the results show no significant efficiency loss on kin-operated sharecropped plots, more decomposed analyses indicate strong evidence of Marshallian inefficiency on kin-operated plots leased from landlords with weaker bargaining power and higher tenure insecurity. This study thus shows how failure to control for the heterogeneity of landowners’ characteristics can explain the lack of clarity in the existing empirical literature on the extent of moral hazard problems in sharecropping contracts.

Reverse-Share-Tenancy and Marshallian Inefficiency

Reverse-Share-Tenancy and Marshallian Inefficiency PDF Author: Hosaena Ghebru Hagos
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 48

Book Description
While there are ample empirical studies that claim the potential disincentive effects of sharecropping arrangements, the existing literature is shallow in explaining why share tenancy contracts are prevalent and diffusing in many developing countries. Using a unique tenant-landlord matched dataset from the Tigray region of Ethiopia, we are able to show how the tenants’ strategic response to the varying economic and tenure-security status of the landlords can explain sharecroppers’ productivity differentials. To the best of our knowledge, this is the first study to use tenant–landlord matched data that accounts for both the supply (landlord) and demand (tenant) side characteristics in analyzing sharecroppers’ level of effort and productivity. The study reveals that sharecroppers’ yields are significantly lower on plots leased from landlords who are non-kin, who are female, who have lower income-generating opportunity, and who are tenure insecure than on plots leased from landlords with the opposite characteristics. While, on aggregate, the results show no significant efficiency loss on kin-operated sharecropped plots, more decomposed analyses indicate strong evidence of Marshallian inefficiency on kin-operated plots leased from landlords with weaker bargaining power and higher tenure insecurity. This study thus shows how failure to control for the heterogeneity of landowners’ characteristics can explain the lack of clarity in the existing empirical literature on the extent of moral hazard problems in sharecropping contracts.

The Theory of Share Tenancy

The Theory of Share Tenancy PDF Author: Steven N. S. Cheung
Publisher: Arcadia Press Ltd.
ISBN: 9789628728190
Category : Farm tenancy
Languages : en
Pages : 254

Book Description


A Marshallian Model of Share Tenancy

A Marshallian Model of Share Tenancy PDF Author: A. H. Vanags
Publisher:
ISBN: 9780864181251
Category : Sharecropping
Languages : en
Pages : 34

Book Description


Reasserting the Rural Development Agenda

Reasserting the Rural Development Agenda PDF Author: Arsenio Molina Balisacan
Publisher: Institute of Southeast Asian Studies
ISBN: 9812304126
Category : Technology & Engineering
Languages : en
Pages : 436

Book Description
Presents a reinvigorated agenda on agricultural and rural development in Asia both for research and policy discussions in the coming decades.

Tenancy Relations in Backward Agriculture

Tenancy Relations in Backward Agriculture PDF Author: Pravat Kumar Kuri
Publisher: Mittal Publications
ISBN: 9788170999393
Category : Business & Economics
Languages : en
Pages : 168

Book Description
Attempts To Explore The Typical Tenancy Contractsin Rural Assam A Subject That Has Remained Understudied. Contains 8 Chapters-Appendices, Bibliography And An Index.

The Economic Theory of Agrarian Institutions

The Economic Theory of Agrarian Institutions PDF Author: Pranab Bardhan
Publisher: Clarendon Press
ISBN: 0191521493
Category : Business & Economics
Languages : en
Pages : 417

Book Description
This volume breaks new ground in the economic theory of institutions. The contributors show how some of the tools of advanced economic theory can usefully contribute to an understanding of how institutions operate. They show how sound theoretical analysis can in fact enable economists to reach conclusions which will help practitioners avoid many pitfalls in the formation and implementation of development policies, both within individual countries and in the context of international aid.

Optimal groundwater management in Pakistan’s Indus Water Basin

Optimal groundwater management in Pakistan’s Indus Water Basin PDF Author: Nasim Sanval
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 42

Book Description
In this report we examine the management of groundwater in Pakistan’s Indus Basin through a model of groundwater extraction with hydrologic, economic, and tenure constraints. We develop a groundwater extraction model for the Indus Basin and simulate the effect of common property management (the status quo in the Indus Basin) and optimal management on groundwater extractions, water table height, groundwater quality, and annual net benefits from irrigated agriculture. The analysis provides a framework to develop and discuss policies that could lead to the optimal management of groundwater.

Land Tenure Reform in Asia and Africa

Land Tenure Reform in Asia and Africa PDF Author: S. Holden
Publisher: Springer
ISBN: 1137343818
Category : Political Science
Languages : en
Pages : 439

Book Description
Rural poverty remains widespread and persistent in South Asia and Sub-Saharan Africa. A group of leading experts critically examines the impact of land tenure reforms on poverty reduction and natural resource management in countries in Africa and Asia with highly diverse historical contexts.

The Economics of Agriculture, Volume 2

The Economics of Agriculture, Volume 2 PDF Author: David Gale Johnson
Publisher: University of Chicago Press
ISBN: 9780226401751
Category : Business & Economics
Languages : en
Pages : 464

Book Description
D. Gale Johnson, one of the world's foremost agricultural economists, has over the last five decades changed the conduct of research on agricultural economics and policy. The papers brought together in The Economics of Agriculture reveal the breadth and depth of his influence on the creation of modern agricultural economics. Volume 1 collects for the first time in one source Johnson's most important work. These classic papers explore the consequences of government intervention in United States and world agriculture; the economics of agricultural supply and of rural labor and human capital issues; and the analysis of agricultural productivity in poor countries, including the centrally planned economies of China and Eastern Europe. Models of precise reasoning and powerful empirical research, the papers cover a wide range of topics—from U.S. commodity price policy to the economics of population control and farm policy reform in China. Volume 1 includes a definitive bibliography of Johnson's published writings. Volume 2 presents twenty-two papers by Johnson's former students and colleagues. International in scope, these papers explore themes and topics inspired by Johnson's work, including agricultural policy and U.S. farm prices; European Common Agricultural Policy; and agricultural and rural development in the Third World. Contributors to Volume 2 are David G. Abler, John M. Antle, Richard R. Barichello, Andrew P. Barkley, Karen Brooks, David S. Bullock, Robert E. Evenson, B. Delworth Gardner, Bruce L. Gardner, Dale M. Hoover, Wallace E. Huffman, Paul R. Johnson, Yoav Kislev, Justin Yifu Lin, Yair Mundlak, John Nash, Keijuro Otsuka, Willis Peterson, Todd E. Petzel, Vernon W. Ruttan, Maurice Schiff, G. Edward Schuh, Theodore W. Schultz, James Snyder, Vasant Sukhatme, Daniel A. Sumner, Vinod Thomas, George Tolley, and Alberto Valdes.

Handbook of Agricultural Economics

Handbook of Agricultural Economics PDF Author: Bruce L. Gardner
Publisher: Elsevier
ISBN: 0444518738
Category : Business & Economics
Languages : en
Pages : 847

Book Description
Volume 3 of this series of the Handbooks in Economics follows on from the previous two volumes by focusing on the fundamental concepts of agricultural economics. The first part of the volume examines the developments in human resources and technology mastery. The second part follows on by considering the processes and impact of invention and innovation in this field. The effects of market forces are examined in the third part, and the volume concludes by analysing the economics of our changing natural resources, including the past effects of climate change. Overall this volume forms a comprehensive and accessible survey of the field of agricultural economics and is recommended reading for anyone with an interest, either academic or professional, in this area. *Part of the renown Handbooks in Economics series *Contributors are leaders of their areas *International in scope and comprehensive in coverage