The Economics of Contract Choice

Author:   Yujiro Hayami ,  Keijiro Otsuka
Publisher:   Oxford University Press
ISBN:  

9780198283782


Pages:   223
Publication Date:   01 January 1993
Format:   Hardback
Availability:   To order   Availability explained
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The Economics of Contract Choice


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Overview

The book examines the nature of agrarian contracts which have long fascinated economists. Agricultural land tenancy and farm labour contracts are the basic institutions binding the life and work of billions of peasants 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 the reform of land tenure, and credit and marketing institutions in poor agrararian economies. In the past, there have been major theoretical controversies surrounding the role of sharecropping and other land tenure forms in agriculture and rural development. Much confusion has stemmed from partial treatments of land and labour contracts separately. Through a comprehensive critical survey of the existing literature, this book indicates a way forward towards a general theory of agrarian contracts by integrating land and labour contracts as close substitutes along a single spectrum of contract choice. The theoretical developments are matched by a wealth of empirical data. Insights gained from the scrutiny of agrarian contracts are also of relevant to industrial organization and management in modern urban economies.

Full Product Details

Author:   Yujiro Hayami ,  Keijiro Otsuka
Publisher:   Oxford University Press
Imprint:   Clarendon Press
Dimensions:   Width: 13.00cm , Height: 2.00cm , Length: 21.00cm
Weight:   0.406kg
ISBN:  

9780198283782


ISBN 10:   0198283784
Pages:   223
Publication Date:   01 January 1993
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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