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The Theory of Share Tenancy Revisited--Again

Bibliographic Data

ID10177832
AuthorsJames D Reid (0000-0002-6125-4472, corresponding author), Joseph D Reid Joseph D Reid
Year1977
Volume85
Issue2
Pages403-407
Publication date1977-04-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Political Economy (JOURNAL)
Journal identifiersISSN: 0022-3808 • E-ISSN: 1537-534X
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/260571
OpenAlexW2098706635
LanguageEN
Citations received34
References cited3

In fact, share-farmed lands yield as much as rented or owner-cultivated lands. In traditional theory, share-farmed lands yield less, for share tenants stint their efforts. This article shows that economists' standard assumptions about a market equilibrium reconcile theory with fact: when contracts are enforced, share farmers labor as diligently as others. Evidence is advanced that gain from the joining of tenant and landlord interests, not gain from the dispersion of agricultural risk, is the impetus to share tenancy

Agriculture · Business · Economics · Landlord · Leasehold estate · Market share · Microeconomics · Political science · Sharecropping · Yield (engineering · Finance · Land Rights and Reforms · Law

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Unique citing works34
Citations per year0,71
Citation span1978 - 2012 (35)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 34
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