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"Students need to understand how market demand for certain staple crops created plantations and the slave- and then indentured-labor system, and this book explains it. The third entry in the Cunliffe Series, it examines the cultivation of American tobacco, rice, sugar, and cotton in the context...
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Transaction costs play a key role in the behaviour of smallholders in developing countries. We exploit the quasi experimental design of the introduction of an additional tobacco auction floor in Malawi in order to investigate the impact of a reduction in transaction costs and improved market...
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