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Persistent link: https://www.econbiz.de/10001145235
Extending the existing models of land and labor contracts, this study attempts to build a general model of long-term agrarian contracts. The model implies that, where tenancy is an available option, the fixed-wage permanent labor contract will not b e chosen. If it is chosen under institutional...
Persistent link: https://www.econbiz.de/10005284322