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Credit rationing, tenancy, productivity, and the dynamics of inequality.

By:

Braverman, Avishay; Stiglitz, Joseph

Material type:

TextPublication details: Washington : World bank, 1989.Subject(s):

Agricultural Development
Credit policy -- Farmers -- Agricultural production. -- Credit policy -- Farmers -- Agricultural production. -- Credit policy -- Farmers -- Agricultural production

Summary: This paper argues that when credit to farmers is rationed, changes in technology may lead to a long-term increase in the share cropping and then to reduced productivity.

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This paper argues that when credit to farmers is rationed, changes in technology may lead to a long-term increase in the share cropping and then to reduced productivity.

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