The economic theory of agrarian institutions / edited by Pranab Bardhan.

Format:

Book

Contributor:

Bardhan, Pranab K.

Series:

Clarendon Paperbacks

Language:

English

Subjects (All):

Agriculture--Economic aspects--Developing countries.

Agriculture.

Agriculture and state--Developing countries.

Agriculture and state.

Physical Description:

1 online resource (417 p.)

Edition:

1st ed.

Place of Publication:

Oxford [England] : Clarendon Press ; New York : Oxford University Press, 1989.

Language Note:

English

Summary:

Many economists accept that institutions are of fundamental importance, although the analysis of their formation and behaviour has remained largely undiscussed. In this collection of papers, the contributors seek to demonstrate that advanced economic theory provides tools which may usefully be applied to an understanding of the operation of institutions, in this case with particular and significant implications for the problems faced by poor agrarian economies. They show that sound theoretical analysis can enable economists to reach conclusions that will enable practitioners to avoid many pitfalls in the formation and implementation of development policies, both within individual countries and in the context of international aid. Academic and policy-oriented researchers in development economics, agricultural economics and institutional economics should all find this work of value.

Contents:

Intro

Contents

Contributors

I. GENERAL INTRODUCTION

1. Alternative Approaches to the Theory of Institutions in Economic Development

2. Rational Peasants, Efficient Institutions, and a Theory of Rural Organization: Methodological Remarks for Development Economics

II. LAND AND LABOUR

3. Theories of Sharecropping

4. A Comparison of Principal-Agent and Bargaining Solutions: The Case of Tenancy Contracts

5. Contracts with Eviction in Infinitely Repeated Principal-Agent Relationships

6. Production Relations in Semi-arid African Agriculture

III. CREDIT AND INTERLINKED TRANSACTIONS

7. Rural Credit Markets: The Structure of Interest Rates, Exploitation, and Efficiency

8. Credit and Agrarian Class Structure

9. Credit Rationing, Tenancy, Productivity, and the Dynamics of Inequality

10. On Choice among Creditors and Bonded Labour Contracts

11.Some Aspects of Linked Product and Credit Market Contracts among Risk-neutral Agents

12. A Note on Interlinked Rural Economic Arrangements

13. Interlinkages and the Pattern of Competition

IV. MARKETING AND INSURANCE

14. Agricultural Institutions for Insurance and Stabilization

15. Peasants' Risk Aversion and the Choice of Marketing Intermediaries and Contracts: A Bargaining Theory of Equilibrium Marketing Contracts

V. CO-OPERATIVES, TECHNOLOGY, AND THE STATE

16. Agricultural Producer Co-operatives

17. Institutional Analysis of Credit Co-operatives

18. Agrarian Structure, Technological Innovations, and the State

Bibliography

Index.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

Description based on publisher supplied metadata and other sources.

ISBN:

1-281-97823-X

OCLC:

654720994