De Turgot à la nouvelle économie institutionnelle. Brève revue des théories économiques du métayage

Jean-Philippe Colin

Économie rurale, 1995, vol. 228

Abstract: In an evolutionary approach, classical economists understood sharecropping as a tenancy system imposed mainly by tenants' capital constraints. Later, the orthodox neoclassical economics has not been able to offer a satisfactory explanation of sharecropping. Since two decades, New Institutional economists have been analyzing the economic rationality of sharecropping in terms of risk, imperfect markets, asymmetrical information, and transaction costs.

Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ersfer:354219

DOI: 10.22004/ag.econ.354219

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