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Insurance and Incentives in Sharecropping

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  • Luis H. B. Braido

Abstract

This essay surveys some recent empirical works about sharecropping. The basic theoretical trade-offs are discussed in the introduction. Section 1 discusses the empirical research on resource allocation. This section is divided in two subsections: one studying the effects of tenure stability on land improvements, and another comparing the impact of different share rates on input use and farm productivity. Section 2 surveys works testing different arguments raised to explain the design of tenancy contracts. The essay then concludes with a brief summary discussing some important policy implications.

Suggested Citation

  • Luis H. B. Braido, 2003. "Insurance and Incentives in Sharecropping," CESifo Working Paper Series 1098, CESifo.
    • Handle: RePEc:ces:ceswps:_1098
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    Cited by:

    1. Luis H. B. Braido, 2008. "Evidence on the Incentive Properties of Share Contracts," Journal of Law and Economics, University of Chicago Press, vol. 51(2), pages 327-349, May.
    2. Raul V. Fabella, 2016. "Why Fixed Rent Contracts are Less Prevalent: Weak Third Party Enforcement and Endogenous Principal Type," UP School of Economics Discussion Papers 201606, University of the Philippines School of Economics.
    3. Meenakshi Rajeev & Manojit Bhattacharjee, 2017. "Augmenting small farmers’ income through rural non-farm sector: Role of information and institutions," Working Papers 388, Institute for Social and Economic Change, Bangalore.

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