Land lease markets and agricultural efficiency in Ethiopia
This paper develops a theoretical model of land leasing that includes transaction costs of enforcing labour effort, risk pooling motives and non-tradable capital inputs. We test the implications of this model compared to those of the "Marshallian" (unenforceable labour effort) and "New School" (cost...
| Autores principales: | , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Oxford University Press
2006
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/172048 |
| _version_ | 1855529180580544512 |
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| author | Pender, John L. Fafchamps, Marcel |
| author_browse | Fafchamps, Marcel Pender, John L. |
| author_facet | Pender, John L. Fafchamps, Marcel |
| author_sort | Pender, John L. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper develops a theoretical model of land leasing that includes transaction costs of enforcing labour effort, risk pooling motives and non-tradable capital inputs. We test the implications of this model compared to those of the "Marshallian" (unenforceable labour effort) and "New School" (costlessly enforceable effort) perspectives using data collected from four villages in Ethiopia. We find that land lease markets operate relatively efficiently in the villages studied, supporting the New School perspective. We find that other household and village characteristics do affect input use and output value, suggesting imperfections in other factor markets. |
| format | Journal Article |
| id | CGSpace172048 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2006 |
| publishDateRange | 2006 |
| publishDateSort | 2006 |
| publisher | Oxford University Press |
| publisherStr | Oxford University Press |
| record_format | dspace |
| spelling | CGSpace1720482025-02-19T14:07:30Z Land lease markets and agricultural efficiency in Ethiopia Pender, John L. Fafchamps, Marcel land leases agricultural production land management sharecropping This paper develops a theoretical model of land leasing that includes transaction costs of enforcing labour effort, risk pooling motives and non-tradable capital inputs. We test the implications of this model compared to those of the "Marshallian" (unenforceable labour effort) and "New School" (costlessly enforceable effort) perspectives using data collected from four villages in Ethiopia. We find that land lease markets operate relatively efficiently in the villages studied, supporting the New School perspective. We find that other household and village characteristics do affect input use and output value, suggesting imperfections in other factor markets. 2006-06-01 2025-01-29T12:59:14Z 2025-01-29T12:59:14Z Journal Article https://hdl.handle.net/10568/172048 en Limited Access Oxford University Press Pender, John L.; Fafchamps, Marcel. 2006. Land lease markets and agricultural efficiency in Ethiopia. Journal of African Economies 15(2): 251-284. https://doi.org/10.1093/jae/eji024 |
| spellingShingle | land leases agricultural production land management sharecropping Pender, John L. Fafchamps, Marcel Land lease markets and agricultural efficiency in Ethiopia |
| title | Land lease markets and agricultural efficiency in Ethiopia |
| title_full | Land lease markets and agricultural efficiency in Ethiopia |
| title_fullStr | Land lease markets and agricultural efficiency in Ethiopia |
| title_full_unstemmed | Land lease markets and agricultural efficiency in Ethiopia |
| title_short | Land lease markets and agricultural efficiency in Ethiopia |
| title_sort | land lease markets and agricultural efficiency in ethiopia |
| topic | land leases agricultural production land management sharecropping |
| url | https://hdl.handle.net/10568/172048 |
| work_keys_str_mv | AT penderjohnl landleasemarketsandagriculturalefficiencyinethiopia AT fafchampsmarcel landleasemarketsandagriculturalefficiencyinethiopia |