Property and Risk: Peasants in the Rise of Modern Japanese State
AbstractUnder the Tokugawa shogunate, 1603-1868, registered peasants were guaranteed their residual claim to crop from their land, but shielded from the market risk. Provided with incentives for productivity increase but protected from the market risk, millions of peas-ant family continuously managed their family farms more than two centuries. The Meiji Restoration from 1868 defined peasantsf claim as the modern property right. Exposed to the market risk, more than half of parable land came under tenancy contract by the 1900s, and landlords segregated tenancy peasants from the market. This research inquires this institutional change in modern Japanese state following Moritaro Yamadafs work.
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Bibliographic InfoPaper provided by Institute of Social Science, The University of Tokyo in its series ISS Discussion Paper Series (series F) with number f144.
Length: 23 pages
Date of creation: 23 Feb 2008
Date of revision: 29 Apr 2012
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Peasant economy; tenancy contract; risk sharing; institutional change; Japan;
Find related papers by JEL classification:
- N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
- N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East
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""Voice" and "Exit" in Japanese Firms during the Second World War: Sanpo Revisited,"
CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
CIRJE-F-345, CIRJE, Faculty of Economics, University of Tokyo.
- Tetsuji Okazaki, 2003. ""Voice" and "Exit" in Japanese Firms during the Second World War: Sanpo Revisited," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo CIRJE-F-243, CIRJE, Faculty of Economics, University of Tokyo.
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