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首页> 外文期刊>Journal of Development Economics >Incentives, supervision, and sharecropper productivity.
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Incentives, supervision, and sharecropper productivity.

机译:激励机制,监督机制和农作物生产率。

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摘要

Though sharecropping remains widespread, its determinants are still poorly understood and the debate over the extent of moral hazard is far from settled. We address both issues by analyzing the role of landlord supervision. When landlords vary in their cost of supervision, otherwise identical share-tenants can have different productivity. Unique data on monitoring frequency collected from share-tenants in rural Pakistan confirms that, controlling for selection, 'supervised' tenants are significantly more productive than 'unsupervised' ones. Also, landlords' decisions regarding monitoring and incentives offered to tenants depend importantly on the cost of supervision.
机译:尽管农作物种植仍然很普遍,但其决定因素仍然知之甚少,关于道德风险程度的争论还远未解决。我们通过分析房东监督的作用来解决这两个问题。当房东的监督成本有所不同时,否则相同的租户可能会拥有不同的生产率。从巴基斯坦农村地区的租户那里收集的有关监测频率的独特数据证实,在控制选择的同时,“受监督”的租户比“无监督”的租户生产率更高。此外,房东关于向租户提供监控和奖励的决定在很大程度上取决于监管成本。

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