Share Tenancy and Fixed Rent in Taiwan

1984 ◽  
Vol 32 (2) ◽  
pp. 413-422 ◽  
Author(s):  
Richard E. Barrett
Keyword(s):  
2018 ◽  
Vol 5 (1) ◽  
Author(s):  
Douglas W. Allen ◽  
Dean Lueck

Abstract The Theory of Share Tenancy by Steven Cheung, first published as a PhD thesis 50 years ago, was an important watershed study on the economics of contracts. It contained the first formal demonstration of the Coase Theorem, linked the concepts of property rights and transaction costs, laid early foundations for the future economics of contracts, and can even lay claim to originating the idea of a risk/incentive tradeoff in contract design. This essay examines Cheung's key contributions in Share Tenancy, and considers reasons for its somewhat limited legacy outside of China.


2018 ◽  
Vol 5 (1) ◽  
Author(s):  
Steven N.S. Cheung

Abstract This paper was prepared for "The Theory of Share Tenancy: After 50 Years," a conference organized by The Ronald Coase Center for Property Rights Research at the University of Hong Kong, November 24-26, 2017. The paper first appeared in Chinese as a series of column articles in ifeng.com (凤凰网). The author traces the complex intellectual origins of The Theory of Share Tenancy and an adventurous career that followed.


2001 ◽  
Vol 6 (1) ◽  
pp. 51-72
Author(s):  
Mamata Swain
Keyword(s):  

2011 ◽  
Vol 88 (1) ◽  
pp. 155-180 ◽  
Author(s):  
M. F. Bellemare
Keyword(s):  

1977 ◽  
Vol 85 (2) ◽  
pp. 403-407 ◽  
Author(s):  
Joseph D. Reid,
Keyword(s):  

1989 ◽  
Vol 28 (3) ◽  
pp. 233-250 ◽  
Author(s):  
M. A. Taslim

Because of the simultaneity problems raised by supervision problems, and the low opportunity cost of labour which may induce an inverse size-productivity relationship in agriculture, tests requiring a comparison of the productivity of farmers or farms of different tenure groups tend to be biased. Even a comparison of the performance of farmers of different tenure groups, though of the same size, may not necessarily yield unbiased results. The paired t-test, which involves comparing the performance of the owner· tenants on their own and cropshare land, has been found to be the most satisfactory method of comparing the effiCiency of crop share tenancy with that of owner cultivation. The study also suggests some disciplining influence imparted by a better choice of tenant and threat of eviction, preventing the tenants from wasting the rental land.


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