Land lease markets and agricultural efficiency: theory and evidence from Ethiopia

In this paper, we develop a theoretical model of land leasing that includes transaction costs, risk pooling motives and non-tradable productive inputs, and investigate the empirical implications of land contracts using data collected from four villages in Ethiopia. We show that sharecropping is the...

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Bibliographic Details
Main Authors: Pender, J, Fafchamps, M
Format: Working paper
Published: University of Oxford 2002