The Economic Theory of Agricultural Land TenureCambridge University Press, 25. juni 1981 - 194 sider Originally published in 1981, Dr Currie's main emphasis in this book is on the economic theory of agricultural land tenure, but he also makes extensive reference to the historical development of land tenure in England. After consideration of the history of economic thought on this important topic, he employs an essentially neo-classical approach, though one that pays due attention to the nature of institutional arrangements and particular forms of property rights. In dealing with these latter aspects, he considers not only the economic effects of particular institutional forms but also their economic causes. The careful use of the history of land tenure development gives this work especial relevance for agricultural development and for issues of land reform. The Physiocrats and Classical economists gave land tenure an important place in their work. Following a long period of' neglect by Neo-Classical economists, land tenure arrangements again received considerable theoretical attention in the years preceding publication. Dr Currie draws on and develops this work. Moreover, he investigates the importance of a number of crucial issues that were being neglected at the time. |
Innhold
The analytical framework | 3 |
1 Maximization of terminal financial wealth | 59 |
Introduction | 65 |
sharerent tenancies | 102 |
Agricultural land values | 116 |
Heterogeneity of ownership units | 125 |
The ownership structure | 138 |
Evaluation and comparison of land tenure systems | 148 |
Notes | 169 |
Bibliography | 188 |
Andre utgaver - Vis alle
The Economic Theory of Agricultural Land Tenure J. M. Currie Ingen forhåndsvisning tilgjengelig - 2010 |
Vanlige uttrykk og setninger
agricultural land allocation analysis assume assumption capital advances Classical economics Classical economists commodity Consider consumption expenditure corn costs cultivation decision depend economic efficiency employed equal fertile financial capital market fixed rent funds hired labour hired workers implies improvements increase institutional arrangements involve John Stuart Mill K₁ labour input land tenure landlord landowners leasing level of capital level of labour level of rent limit price limit rent marginal product marginal revenue product maximize Neo-classical economics operating structure operating units opportunity cost output owners ownership structure ownership units part-time off-farm employment particular peasant household Physiocrats possible probability density function product of labour proposition rate of profit rental market rental payments rental share reservation rent returns to scale Ricardian Ricardo risk averse risk neutral sitting tenants stipulated Suppose surplus tenancy contract terminal financial wealth terminal wealth total revenue uncertainty vacant possession W₁+1 wage rate Wicksell