Equity and Productivity Issues in Modern Agrarian Reform Legislation

Vernon Ruttan

Chapter Chapter 27 in Economic Problems of Agriculture in Industrial Societies, 1969, pp 581-605 from Palgrave Macmillan

Abstract: Abstract Understanding of the economic implications of land tenure systems rests on a dual foundation. First, there is a set of historical generalizations about the consequences of alternative tenure arrangements for economic growth. There is also a set of logical deductions about the effect of alternative tenure arrangements on resource allocation and output levels derived from the neo-classical theory of the firm. Among Western economists, economic history and economic logic have combined to produce a remarkable unity in doctrine to the effect that an agricultural sector organized on an owner-operator pattern (a) achieves a more efficient allocation of resources and (b) makes a greater contribution to national economic growth than under alternative systems.

Keywords: Land Tenure; Land Reform; Tenure System; Productivity Objective; Agrarian Reform (search for similar items in EconPapers)
Date: 1969
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DOI: 10.1007/978-1-349-08476-0_27

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