Sharecropping in Theory and Practice: A Selective Review

Debapriya Sen

Chapter 5 in Understanding Development, 2016, pp 53-72 from Springer

Abstract: Abstract Sharecropping has remained a dominant agrarian institution around the world. There is a large, and growing, literature that has studied this institution from both theoretical and empirical points of view. This chapter presents a review of the literature on sharecropping. Complementing earlier reviews (e.g., Quibria and Rashid, World Dev 12:103–114, 1984; Otsuka and Hayami, Econ Dev Cult Change 37:31–68, 1988; Singh 1989), our approach is purposely selective. After presenting some aspects of the risk-based theories of sharecropping, we discuss certain alternative theories given in the more recent literature. We also comment on some implications of this institution specific to agrarian economies in transition.

Keywords: Limited Liability; Risk Sharing; Contracting Parti; Side Payment; Total Surplus (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/978-81-322-2455-6_5

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