The Economics of Contract Choice: An Agrarian Perspective

by Keijiro Otsuka and Yujiro Hayami

This work examines the nature of agrarian contracts. Agricultural land tenancy and farm labor are basic institutions binding the life and work of billions of people in the Third World. Issues of efficiency and equity associated with a particular form of contract--such as sharecropping--are not merely of academic interest, but have critical bearing on land tenure reform as well as innovations in credit and marketing institutions in agrarian economies...

• Format: Hardcover
• Language: English
• ISBN: 0198283784
• ISBN13: 9780198283782
• Release Date: March 1993
• Publisher: Oxford University Press, USA
• Length: 228 Pages