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If we are to learn the right lessons from the tragedy ofNandigram, then we must ensure that the government is involvedin the land acquisition process and that we correctly deal withthree sets of issues: the size and form of compensation, theeligibility for compensation and the credibility of the...
Persistent link: https://www.econbiz.de/10008911464
We show that the effect of eviction threats on unobservable investment effort can be positive. Wedemonstrate this apparently counter-intuitive result in a model of tenancy where investment by atenant in the current period raises the chances of doing well in the next period, and...
Persistent link: https://www.econbiz.de/10008911471
During the last two decades West Bengal has led the rest of the country with regard to agricultural performance andimplementation of panchayat institutions. But these developments have begun to level out. At the same time the state hasfallen behind in other sectors – industry, higher education...
Persistent link: https://www.econbiz.de/10008911473
The paper analyzes the effect of agricultural tenancy laws offeringsecurity of tenure to tenants and regulating the share of output thatis paid as rent on farm productivity. Theoretically, the net impact oftenancy reform is shown to be a combination of two effects: a bargainingpower effect and a...
Persistent link: https://www.econbiz.de/10008911475