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Risk and Insurance in Sharecropping

  • Luis H.B. Braido

    (Getulio Vargas Foundation, Graduate School of Economics)

This essay summarizes some recent empirical contributions on two aspects of sharecropping: (i) the effects of the contractual form (incentive power and contract length) on resource allocation and farm performance; and (ii) the exogenous elements behind the choice of different contractual forms.

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Paper provided by EconWPA in its series Risk and Insurance with number 0508002.

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Length: 30 pages
Date of creation: 30 Aug 2005
Date of revision:
Handle: RePEc:wpa:wuwpri:0508002
Note: Type of Document - pdf; pages: 30
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  12. Dubois, P., 2001. "Consumption insurance with heterogeneous preferences. Can sharecropping help complete markets ?," Economics Working Paper Archive (Toulouse) 25, French Institute for Agronomy Research (INRA), Economics Laboratory in Toulouse (ESR Toulouse).
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  14. Ray, Tridip, 1999. "Share tenancy as strategic delegation," Journal of Development Economics, Elsevier, vol. 58(1), pages 45-60, February.
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  19. Shaban, Radwan Ali, 1987. "Testing between Competing Models of Sharecropping," Journal of Political Economy, University of Chicago Press, vol. 95(5), pages 893-920, October.
  20. Richard A. Lambert, 1983. "Long-Term Contracts and Moral Hazard," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 441-452, Autumn.
  21. Allen, Douglas W & Lueck, Dean, 1999. "The Role of Risk in Contract Choice," Journal of Law, Economics and Organization, Oxford University Press, vol. 15(3), pages 704-36, October.
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  23. Chaudhuri, Ananish & Maitra, Pushkar, 2002. "On the Choice of Tenancy Contracts in Rural India," Economica, London School of Economics and Political Science, vol. 69(275), pages 445-59, August.
  24. Deininger, Klaus & Feder, Gershon, 1998. "Land institutions and land markets," Policy Research Working Paper Series 2014, The World Bank.
  25. Rogerson, William P, 1985. "Repeated Moral Hazard," Econometrica, Econometric Society, vol. 53(1), pages 69-76, January.
  26. Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August.
  27. Douglas W. Allen & Dean Lueck, 2004. "The Nature of the Farm: Contracts, Risk, and Organization in Agriculture," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262511851, June.
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  29. Besley, Timothy, 1995. "Property Rights and Investment Incentives: Theory and Evidence from Ghana," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 903-37, October.
  30. Sugato Bhattacharyya & Francine Lafontaine, 1995. "Double-Sided Moral Hazard and the Nature of Share Contracts," RAND Journal of Economics, The RAND Corporation, vol. 26(4), pages 761-781, Winter.
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  32. Alston, Lee J & Datta, Samar K & Nugent, Jeffrey B, 1984. "Tenancy Choice in a Competitive Framework with Transactions Costs," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 1121-33, December.
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  34. Manyong, Victor M. & Hound├ękon, Victorin A., 2000. "Land tenurial systems and the adoption of Mucuna planted fallow in the derived savannas of West Africa:," CAPRi working papers 4, International Food Policy Research Institute (IFPRI).
  35. Oriana Bandiera, 2007. "Land Tenure, Investment Incentives, and the Choice of Techniques: Evidence from Nicaragua," World Bank Economic Review, World Bank Group, vol. 21(3), pages 487-508, May.
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  38. Bengt Holmstrom & Paul R. Milgrom, 1985. "Aggregation and Linearity in the Provision of Intertemporal Incentives," Cowles Foundation Discussion Papers 742, Cowles Foundation for Research in Economics, Yale University.
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  41. Sengupta, Kunal, 1997. "Limited liability, moral hazard and share tenancy," Journal of Development Economics, Elsevier, vol. 52(2), pages 393-407, April.
  42. Hoffman, Philip T., 1984. "The Economic Theory of Sharecropping in Early Modern France," The Journal of Economic History, Cambridge University Press, vol. 44(02), pages 309-319, June.
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