Please use this identifier to cite or link to this item:
|Title:||A Model of Share-Cropping with Interlinked Markets in a Dual Agrarian Economy|
|Publisher:||Department of Economics|
|Abstract:||Two common features of poor agrarian economies widely discussed in the literature on peasant economies are the sharecropping tenurial system and the interlinkage between land, labour and credit markets. This paper constructs a general model of sharecropping along with interlinkage between the three markets. Contrary to existing models of pure tenants, the present model incorporate a realistic feature of an agrarian economy with landed tenants who cultivate not only their own piece of land but also leased-in land. Under some structural and institutional conditions, results confirm that efficiency is achievable, which benefits both the landlord and the tenant; the landlord could even gain more under other conditions.|
|Type of Work:||Working Paper|
|Appears in Collections:||Working Papers - Economics|
This work is protected by Copyright. All rights reserved. Access to this work is provided for the purposes of personal research and study. Except where permitted under the Copyright Act 1968, this work must not be copied or communicated to others without the express permission of the copyright owner. Use the persistent URI in this record to enable others to access this work.
|ECON 1994-194.pdf||924.85 kB||Adobe PDF||View/Open|
Items in Sydney eScholarship Repository are protected by copyright, with all rights reserved, unless otherwise indicated.