Agrarian Reforms in Developing Rural Economies Characterized by Interlinked Credit and Tenancy Markets

摘要

The paper concentrates on a model of linkage between land, labor and credit transactions in the context of sharecropping. The model is also able to provide a theoretical underpinning for two almost opposite phenomena that are sometimes observed: low interest consumption loans from landlord to tenant and the opposite, high interest, low volume loans. (Copyright (c) 1980 by The World Bank.)