An organizational economics approach to the existence of sharecropping
The paper provides a new explanation for the existence of sharecropping in agriculture from the perspective of organizational economics. Similar to a multinational enterprise's decision of whether to enter a joint venture or to choose a wholly owned subsidiary, we can see sharecropping as a joi...
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| Format: | Article |
| Language: | English |
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Czech Academy of Agricultural Sciences
2013-11-01
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| Series: | Agricultural Economics (AGRICECON) |
| Subjects: | |
| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-201311-0007_an-organizational-economics-approach-to-the-existence-of-sharecropping.php |
| _version_ | 1797900017670815744 |
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| author | Jiancai PI |
| author_facet | Jiancai PI |
| author_sort | Jiancai PI |
| collection | DOAJ |
| description | The paper provides a new explanation for the existence of sharecropping in agriculture from the perspective of organizational economics. Similar to a multinational enterprise's decision of whether to enter a joint venture or to choose a wholly owned subsidiary, we can see sharecropping as a joint venture and a fixed rent contract as a wholly owned subsidiary when we stand in the tenant's position. Our analysis shows that when the landlord has a strong enough comparative advantage in exerting one type of effort, he/she tends to choose the share contract. |
| first_indexed | 2024-04-10T08:39:20Z |
| format | Article |
| id | doaj.art-5deb7410023a478580d3b9583f7696e2 |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:39:20Z |
| publishDate | 2013-11-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-5deb7410023a478580d3b9583f7696e22023-02-23T03:24:21ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952013-11-01591153754110.17221/127/2012-AGRICECONage-201311-0007An organizational economics approach to the existence of sharecroppingJiancai PI0Department of Economics, School of Business, Nanjing University, Nanjing City, Jiangsu Province, ChinaThe paper provides a new explanation for the existence of sharecropping in agriculture from the perspective of organizational economics. Similar to a multinational enterprise's decision of whether to enter a joint venture or to choose a wholly owned subsidiary, we can see sharecropping as a joint venture and a fixed rent contract as a wholly owned subsidiary when we stand in the tenant's position. Our analysis shows that when the landlord has a strong enough comparative advantage in exerting one type of effort, he/she tends to choose the share contract.https://agricecon.agriculturejournals.cz/artkey/age-201311-0007_an-organizational-economics-approach-to-the-existence-of-sharecropping.phpshare contractfixed rent contractbargaining power |
| spellingShingle | Jiancai PI An organizational economics approach to the existence of sharecropping Agricultural Economics (AGRICECON) share contract fixed rent contract bargaining power |
| title | An organizational economics approach to the existence of sharecropping |
| title_full | An organizational economics approach to the existence of sharecropping |
| title_fullStr | An organizational economics approach to the existence of sharecropping |
| title_full_unstemmed | An organizational economics approach to the existence of sharecropping |
| title_short | An organizational economics approach to the existence of sharecropping |
| title_sort | organizational economics approach to the existence of sharecropping |
| topic | share contract fixed rent contract bargaining power |
| url | https://agricecon.agriculturejournals.cz/artkey/age-201311-0007_an-organizational-economics-approach-to-the-existence-of-sharecropping.php |
| work_keys_str_mv | AT jiancaipi anorganizationaleconomicsapproachtotheexistenceofsharecropping AT jiancaipi organizationaleconomicsapproachtotheexistenceofsharecropping |