Articles

Landlords, Tenants, and Technological Innovations

Stiglitz, Joseph E.; Braverman, Avishay

Shows that the institutional structure of the economy may be an important determinant of whether a particular innovation will or will not be adopted in less developed countries (LDC). Use of sharecropping contracts by LDC; Adoption of innovation resulting in lower welfare of workers and lower net national product; Impact of the linkage between credit and tenancy markets on the adoption of technology.

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Also Published In

Title
Journal of Development Economics
DOI
https://doi.org/10.1016/0304-3878(86)90121-5

More About This Work

Academic Units
Economics
Published Here
April 29, 2013