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This essay surveys some recent empirical works about sharecropping. The basic theoretical trade-offs are discussed in the introduction. Section 1 discusses the empirical research on resource allocation. This section is divided in two subsections: one studying the effects of tenure stability on...
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While the theoretical literature on contracts has been enormous since the seventies, empirical tests of the theory have … empirical validation of the theory. This paper aims at surveying the recent empirical work on contracts. The focus throughout is …
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