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<図書>
The nature of the farm : contracts, risk, and organization in agriculture

責任表示 Douglas W. Allen and Dean Lueck
データ種別 図書
出版情報 Cambridge, Mass. : MIT Press , c2002
本文言語 英語
大きさ viii, 258 p. : ill. ; 24 cm
概要 The Nature of the Farm is a theoretical and empirical study of contracts and organization in agriculture based on the transaction cost framework. Transaction costs are important in agriculture because...nature (for example, seasonality, weather, pests) plays such a critical role in determining output and limiting the ability of farmers to specialize. The book develops specific models and tests the implications of those models against data sets from across North American agriculture, as well as against historical case studies such as eighteenth-century European land contracts and the late nineteenth-century Bonanza farms in the United States. The book is organized in three parts. Part I examines the classic question of what determines the optimal choice between fixed rent and cropshare arrangements, concluding that it is determined by a trade-off between incentives to overuse rented land and incentives to underreport shared output. Part II tests several predictions derived from a standard risk-sharing model of contracts and finds little evidence that risk sharing is important in contract choice. Part III extends the transaction costs analysis to broader organizational issues. It introduces seasonality and timeliness costs as forces influencing the gains from specialization and the costs of contracting, and finds that farm ownership and farm organization are routinely shaped by these forces.
The Nature of the Farm is a theoretical and empirical study of contracts and organization in agriculture based on the transaction cost framework. Transaction costs are important in agriculture because nature (for example, seasonality, weather, pests) plays such a critical role in determining output and limiting the ability of farmers to specialize. The book develops specific models and tests the implications of those models against data sets from across North American agriculture, as well as against historical case studies such as eighteenth-century European land contracts and the late-nineteenth-century bonanza farms in the United States.
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所蔵情報


: hc 農 食料農業政策学 611.7/A 41 2002
034212003000346

書誌詳細

一般注記 Includes bibliographical references (p. [243]-253) and index
著者標目 *Allen, Douglas W.
Lueck, Dean
件 名 LCSH:Farm management
LCSH:Agriculture -- Economic aspects  全ての件名で検索
LCSH:Sharecropping
LCSH:Risk management
LCSH:Contracts, Agricultural
分 類 DC21:630.68
書誌ID 1001170605
ISBN 0262122537
NCID BA61257820
巻冊次 : hc ; ISBN:0262122537
: pbk ; ISBN:0262511851
NBN BA316589
登録日 2009.09.17
更新日 2009.09.17

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