The Effects of Tenancy and Risk on Cropping Patterns: A Mathematical Programming Analysis
Journal of Agricultural Economics Research, 1982, vol. 34, issue 4, 9
Most analyses of allocative efficiency under different forms of agricultural tenure - share tenancy, fixed cash tenancy, and owner cultivation - employ single product models of production These models show that risk sharing encourages share tenants to produce as much as or more that equally risk0averse owner -operators and cash tenants However, when risk and risk aversion are introduced into multiproduct linear programming models, relative allocative efficiency under share tenancy may decline The result depends on the relative production costs and the relative risk premiums of the different products
Keywords: Production Economics; Research Methods/ Statistical Methods (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:148970
Access Statistics for this article
More articles in Journal of Agricultural Economics Research from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().