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Agrarian Land Tenancy in Prewar Japan: Contract Choice and Implications on Productivity
http://hdl.handle.net/2261/18428
http://hdl.handle.net/2261/1842830bad2b0-5364-4012-b547-89a3bf1d641b
Item type | テクニカルレポート / Technical Report(1) | |||||
---|---|---|---|---|---|---|
公開日 | 2017-01-17 | |||||
タイトル | ||||||
タイトル | Agrarian Land Tenancy in Prewar Japan: Contract Choice and Implications on Productivity | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
主題 | JEL Classification: D23; D82; O12; Q15 | |||||
主題Scheme | Other | |||||
キーワード | ||||||
主題 | tenancy contract | |||||
主題Scheme | Other | |||||
キーワード | ||||||
主題 | rent reduction | |||||
主題Scheme | Other | |||||
キーワード | ||||||
主題 | risk-sharing | |||||
主題Scheme | Other | |||||
キーワード | ||||||
主題 | moral hazard | |||||
主題Scheme | Other | |||||
キーワード | ||||||
主題 | transaction costs | |||||
主題Scheme | Other | |||||
キーワード | ||||||
主題 | Japan | |||||
主題Scheme | Other | |||||
資源タイプ | ||||||
資源 | http://purl.org/coar/resource_type/c_18gh | |||||
タイプ | technical report | |||||
アクセス権 | ||||||
アクセス権 | metadata only access | |||||
アクセス権URI | http://purl.org/coar/access_right/c_14cb | |||||
著者 |
Arimoto, Yutaka
× Arimoto, Yutaka× Tetsuji, Okazaki× Nakabayashi, Masaki |
|||||
著者所属 | ||||||
著者所属 | University of Tokyo | |||||
著者所属 | ||||||
著者所属 | Osaka University | |||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | This paper studies the determinants of agrarian tenancy contract choice and its implication on productivity in prewar Japan. Rapid agricultural growth under extensive tenancy relationships in prewar Japan was achieved with the prevalence of a unique rent reduction contract, which was more efficient than a share tenancy or a pure fixed-rent contract in terms of provision of incentives and risk-sharing. Despite its potential efficiency, a rent reduction contract incurred substantial transaction costs, which may have inhibited its adoption outside Japan. The prevalence of this contract in prewar Japan was likely due to the presence of villages that reduced such costs through informal governance of the private tenancy relationships. We found quantitatively at the village level that the choice of tenancy contract in prewar Iwate prefecture was affected by risk and possibly transaction costs. Furthermore, a sign of Marshallian inefficiency was found at the prefecture level, where the prevalence of tenancy and productivity is negatively correlated and such inefficiency was worse in prefectures with a greater proportion of share tenancy. | |||||
内容記述 | ||||||
内容記述タイプ | Other | |||||
内容記述 | 本文フィルはリンク先を参照のこと | |||||
書誌情報 |
Discussion paper series. CIRJE-F 巻 CIRJE-F-549, 発行日 2008-03 |
|||||
書誌レコードID | ||||||
収録物識別子タイプ | NCID | |||||
収録物識別子 | AA11450569 | |||||
フォーマット | ||||||
内容記述タイプ | Other | |||||
内容記述 | application/pdf | |||||
日本十進分類法 | ||||||
主題 | 335 | |||||
主題Scheme | NDC | |||||
出版者 | ||||||
出版者 | 日本経済国際共同センター | |||||
出版者別名 | ||||||
Center for International Research on the Japanese Economy | ||||||
関係URI | ||||||
識別子タイプ | URI | |||||
関連識別子 | http://www.cirje.e.u-tokyo.ac.jp/research/dp/2008/2008cf549ab.html | |||||
置換する | ||||||
関連タイプ | replaces | |||||
識別子タイプ | URI | |||||
関連識別子 | http://hdl.handle.net/2261/2597 |