Land, labor, capital and credit

Land, labor, capital, and credit 11.3.1. Land and labor Imagine an agricultural society with several individuals who make their living in it. To put matters in the starkest way possible, suppose that agricultural production is carried out by means of only two inputs: land and labor. Very soon we will extend the story to include… Continue reading Land, labor, capital and credit

Published

Ownership and tenancy discussion

Ownership and tenancy Table 12.1 shows how unequal the distributions of land are in the countries of Asia and Latin America. A huge percentage of the rural population is either landless or owns very small plots of land, in contrast with a small fraction of the population who own very large quantities of land. Look… Continue reading Ownership and tenancy discussion

Published

Discussion on Land rental contracts

Land rental contracts 12.3.1. Contractual forms Suppose that a landowner wishes to rent out his land to a potential tenant. Several contractual forms are available. The simplest form of tenancy contract is what is called a fixed-rent contract, one in which the landlord charges a sum of money (per year or per season) for the… Continue reading Discussion on Land rental contracts

Published

Tenancy in the ICRISAT Villages

Tenancy in the ICRISAT Villages We introduced the ICRISAT study area in Chapter 10. We continue our study here by studying land tenancy in these villages. Landholding distributions were (and continue to be) quite skewed in all the study villages, but in most of them there is a pronounced trend toward greater equality. Households with… Continue reading Tenancy in the ICRISAT Villages

Published