Riba, Share-tenancy and Agrarian Reforms

The (Im)Possibility of Reverse Share Tenancy

An Asset Risk Theory of Share Tenancy

Reverse share tenancy, wherein poorer landlords rent out land to richer tenants on shares, is a common phenomenon. Yet it does not fit existing theoretical models of sharecropping and has never before been modeled in the economics literature. We explain share tenancy contracts using an asset risk model that incorporates Marshallian inefficiency and thereby provides a credible explanation for sh...

Insecure Land Rights and Share Tenancy in Madagascar

While most studies looking at the consequences of tenurial insecurity on land markets in developing countries focus on the effects of tenurial insecurity on the investment behavior of landowners, this paper studies the hitherto unexplored relationship between tenurial insecurity and contract choice in land tenancy. Based on a distinct feature of the interaction between formal law and customary ...

Agrarian Reforms in Eastern European Countries: Lessons from International Experience

The fall of the Berlin wall has led to a monumental change in the social and economic structure of most countries in Central and Eastern Europe (CEE) and the CIS that have profoundly affected the nature of the rural sector and the livelihood opportunities open to rural residents. Prior to 1990, most of these countries had de facto abolished private property rights in favor of state or cooperati...

Agrarian Reforms in West Bengal since 1977: A Closer Look at Actual Facts