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Land rental in Ethiopia : Marshallian inefficiency or factor market imperfections and tenure insecurity as binding constraints? (Английский)

Although a large theoretical literature discusses the possible inefficiency of sharecropping contracts, empirical evidence on this phenomenon has been ambiguous at best. Household level fixed-effect estimates from about 8,500 plots operated by households who own and sharecrop land in the Ethiopian highlands provide no support for a Marshallian inefficiency. At the same time, a factor adjustment model suggests that the extent to which rental markets...
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