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Abstract

In the presence of moral hazard, received agency theory predicts the "Marshallian inefficiency" of agricultural tenancy contracts, meaning that inputs per hectare on sharecropped land will differ from that on owned land. In this paper, we test for the presence of Marshallian inefficiency using a unique data set collected in the Tunisian village of El Oulja in 1993.

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Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 83 (2007)
Issue (Month): 2 (July)
Pages: 411-445

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Handle: RePEc:eee:deveco:v:83:y:2007:i:2:p:411-445

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Find related papers by JEL classification:

• D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
• Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

References

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Citations

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Cited by:

1. Deininger, Klaus & Ali, Daniel Ayalew & Alemu, Tekie, 2011. "Productivity effects of land rental markets in Ethiopia : Evidence from a matched tenant-landlord sample," Policy Research Working Paper Series 5727, The World Bank.
2. Ghebru, Hosaena H. & Holden, Stein T., 2012. "Reverse Share-Tenancy and Marshallian Inefficiency: Bargaining Power of Landowners and the Sharecroppers’ Productivity," CLTS Working Papers 2/12, Centre for Land Tenure Studies, Norwegian University of Life Sciences.
   
   • Ghebru, Hosaena H. & Holden, Stein T., 2012. "Reverse-Share-Tenancy and Marshallian Inefficiency: Bargaining Power of Landowners and the Sharecropper’s Productivity," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126883, International Association of Agricultural Economists.
3. Jacoby, Hanan G. & Mansuri, Ghazala, 2009. "Incentives, supervision, and sharecropper productivity," Journal of Development Economics, Elsevier, vol. 88(2), pages 232-241, March.
   
   • Jacoby, Hanan G. & Mansuri, Ghazala, 2007. "Incentives, supervision, and sharecropper productivity," Policy Research Working Paper Series 4125, The World Bank.
4. Pender, John L. & Fafchamps, Marcel, 2001. "Land lease markets and agricultural efficiency: theory and evidence from Ethiopia," EPTD discussion papers 81, International Food Policy Research Institute (IFPRI).
   
   • John Pender & Marcel Fafchamps, 2002. "Land Lease Markets and Agricultural Efficiency: Theory and Evidence from Ethiopia," CSAE Working Paper Series 2002-19, Centre for the Study of African Economies, University of Oxford.
   • John Pender & Marcel Fafchamps, 2004. "Land Lease Markets and Agricultural Efficiency: Theory and Evidence from Ethiopia," Development and Comp Systems 0409021, EconWPA.
   • Pender, John L. & Fafchamps, Marcel, 2002. "Land Lease Markets And Agricultural Efficiency: Theory And Evidence From Ethiopia," 2002 Annual meeting, July 28-31, Long Beach, CA 19796, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
5. Dubois, Pierre, 2002. "Moral hazard, land fertility and sharecropping in a rural area of the Philippines," Journal of Development Economics, Elsevier, vol. 68(1), pages 35-64, June.
   
   • Dubois, Pierre, 2002. "Moral Hazard, Land Fertility and Sharecropping in a Rural Area of the Philippines," Open Access publications from University of Toulouse 1 Capitole http://neeo.univ-tlse1.fr, University of Toulouse 1 Capitole.
   • Pierre Dubois, 1999. "Moral Hazard, Land Fertility and Sharecropping in a Rural Area of the Philippines," Working Papers 99-30, Centre de Recherche en Economie et Statistique.
6. Jean-Louis ARCAND & Mbolatiana DE MONTALEMBERT RAMBONILAZA, 1999. "Is Adverse Selection Relevant? Spence-Mirlees Meets the Tunisian Peasant," Working Papers 199923, CERDI.
7. Benin, Samuel & Place, Frank & Nkonya, Ephraim M. & Pender, John L., 2006. "Land Markets and Agricultural Land Use Efficiency and Sustainability: Evidence from East Africa," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25645, International Association of Agricultural Economists.
8. Claudio ARAUJO & Catherine ARAUJO BONJEAN & Jean-Louis ARCAND, 1999. "Capital humain, productivit� agricole, et travail f�minin : variables latentes et s�parabilit� dans les mod�les de m�nage," Working Papers 199912, CERDI.
9. Bellemare, Marc F., 2010. "Insecure Land Rights and Share Tenancy in Madagascar," MPRA Paper 23640, University Library of Munich, Germany.
10. Ananish Chaudhuri & Pushkar Maitra, 1997. "Determinants of Land Tenure Contracts; Theory and Evidence from Rural India," Departmental Working Papers 199710, Rutgers University, Department of Economics.
11. Marcel Fafchamps & John Pender, 2000. "Land Lease Markets and Agricultural Efficiency: Theory and Evidence from Ethiopia," Economics Series Working Papers WPS/2002-19, University of Oxford, Department of Economics.
12. Ananish Chaudhuri, 1997. "A Dynamic Model of Contractual Choice in Tenancy," Departmental Working Papers 199711, Rutgers University, Department of Economics.
13. Jean-Louis ARCAND & CONNING & ETHIER, 1999. "Class position and Economic Behavior in a Tunisian Village: Selective Separability in a Multi-Factor Household Model," Working Papers 199911, CERDI.

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