Agricultural Development and Land Tenancy in a Peasant Economy: A Theoretical and Empirical Analysis

Pranab Bardhan

American Journal of Agricultural Economics, 1979, vol. 61, issue 1, 48-57

Abstract: In this paper we have a two-season model of agricultural production in a peasant economy, with labor unemployment in the lean season, land rationing at a conventionally fixed crop share by a monopolistic landlord who is also the financier of consumption credit for the sharecropper families. We then work out hypotheses about the relation of the equilibrium percentage of area under tenancy with land quality factors, labor-intensity of crops, extent of unemployment, interest rates, weather uncertainty, etc. Most of the hypotheses are confirmed by interstate cross-section evidence from India in early 1950s.

Date: 1979
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://hdl.handle.net/10.2307/1239499 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:61:y:1979:i:1:p:48-57.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press (joanna.bergh@oup.com).