Lehmijoki, Ulla; Palokangas, Tapio K. - Institute for the Study of Labor (IZA) - 2014
In this document, we consider the effects of a land reform on economic and demographic growth by a family-optimization model with sharecropping, endogenous fertility and status seeking. We show that tenant farming is the major obstacle to escaping the Malthusian trap with high fertility and low...