Ghatak, Maitreesh; Mookherjee, Dilip - National Bureau of Economic Research - 2023
Persistence of sharecropping tenancy and increases in farm productivity following regulations protecting tenant rights … model always results in (incentive constrained) surplus-maximizing productivity, so there can be no scope for tenancy … regulations to raise productivity. In the incomplete contract model, tenancy regulations would raise productivity only if the …