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This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …, implemented at the end of a three-year cycle in which contracts are generally revised, was (a) the joint outcome of negotiations …
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This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …, implemented at the end of a three-year cycle in which contracts are generally revised, was (a) the joint outcome of negotiations …
Persistent link: https://www.econbiz.de/10010333400
This paper sets up a model to account for differences in total factor productivity due to differences in enforcement of … contracts. Vertical specialization generates the need for intra-period credit, because final goods producers cannot pay their … lower in economies with bad enforcement. For this reason, the high-productivity firms in the intermediate goods sector have …
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