Sharecropping is a form of land leasing contract between a tenant and a landlord who share the production. It has a variety of forms and is sometimes linked with credit, lending, or insurance. The apparent inefficiency of sharecropping due to the fact that the tenant receives only a share of the marginal productivity of his labour has attracted eco...
We develop and estimate a model of dynamic interactions in which commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure each other through both formal contracts and informal agreements, that is, self-enforcing agreements spec...
We develop and estimate a model of dynamic interactions where conmmitment is limited and contracts are incomplete to explain the patterns of income and consumption in village economies of less developped countries. Households can insure through both formal contracts and informal agreements, that is, agreements specifying voluntary transfers that ne...
Also available via the Internet / Available from British Library Document Supply Centre-DSC:3597.9512(no 2940) / BLDSC - British Library Document Supply Centre / SIGLE / GB / United Kingdom
SIGLE / Available from British Library Document Supply Centre-DSC:7755.0364(6/2001) / BLDSC - British Library Document Supply Centre / GB / United Kingdom
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