Peasant Economics: Farm Households in Agrarian Development

Front Cover
Cambridge University Press, Nov 25, 1993 - Business & Economics - 309 pages
This is a revised and expanded edition of a popular textbook on the economics of farm households in developing countries. The second edition retains the same building blocks designed to explore household decision-making in a social context. Key topics are efficiency, risk, time allocation, gender, agrarian contracts, farm size and technological change. For these and other topics, household economic behavior represents the outcome of social interactions within the household, and market interactions outside the household. A new chapter on the environment combines exposition of economic tools not previously covered in the book with examination of household and community decision-making in relation to environmental resources.
 

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Contents

Peasants
3
Peasant societies
5
The peasant farm household
7
The economic definition of peasants
9
Family household and women
14
Summary
15
The neoclassical theory of farm production
17
The production function
18
Models of sharecropping
148
Risk imperfect information and missing markets
153
Interlocked markets
156
Sharecropping as exploitation
158
The diversity of agrarian contracts
159
Policy aspects
160
Wider perspectives
162
Further reading
164

Substitution between inputs
28
Enterprise choice
33
the linear programming approach
38
Summary
41
Further reading
44
Elements of peasant political economy
45
Concepts in Marxian political economy
47
Application to peasant production
51
Peasants and surplus
54
Peasants and the state
57
Further reading
59
The theory of the optimising peasant
61
Introduction
63
The profit maximising peasant
65
Allocative technical and economic efficiency
67
In pursuit of the efficient peasant
70
Policy aspects
76
Wider perspectives
78
Summary
80
Further reading
81
The riskaverse peasant
82
Types of uncertainty
83
Definitions of risk and uncertainty
84
Analysis of risk behaviour
86
Expected utility and decision theory
90
Research into peasant risk behaviour
95
Policy aspects
99
Wider perspectives
101
Summary
102
Further reading
103
The drudgeryaverse peasant
105
Revision of indifference curve analysis
106
The Chayanov farm household model
109
Policy aspects
117
Wider perspectives
118
Summary
120
Further reading
121
The farm household peasant
123
New home economics
126
The BarnumSquire farm household model
131
The Low farm household model
139
Policy aspects
142
Summary
143
Further reading
145
The sharecropping peasant
146
Comparative summary
166
Inside the peasant household
169
Women in the peasant household
171
Concepts for the analysis of women
172
Time allocation and the economic role of peasant farm women
176
Scope of the new home economics
180
Alternative approaches to intrahousehold economics
183
Time constraints as an example
187
Policy aspects
191
Summary
192
Further reading
194
Further topics and overview
199
Farm size and factor productivity
201
Economic concepts of scale and farm size
202
Inverse relationship of farm size and productivity
206
Imperfect factor markets and social efficiency
211
Further considerations
218
Summary
220
Further reading
221
Technical change
223
Economic analysis of technical change
224
Farm mechanisation
235
Modern varieties
240
Peasants again
243
Summary
244
Further reading
245
Environment
248
Household decisions and sustainability
251
The concept of externality
254
Rivalry exclusion and property rights
259
Open access resources
262
Common property resources and collective action
266
Environmental policies
270
Summary
271
Further reading
273
Peasant economics in perspective
276
Farm household economic theories
277
Political economy
280
Intrahousehold relations
282
Social and economic change
283
Environmental aspects
284
References
286
Author index
299
Subject index
303
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Page 293 - Public Research Resource Allocation in Chinese Agriculture: A Test of Induced Technological Innovation Hypotheses," Economic Development and Cultural Change , Vol. 40. No. 1, pp. 55 — 73, October 1991b. Lin, Justin Yifu, "The Household Responsibility System Reform and the Adoption of Hybrid Rice in China , " Journal of Development Economics, Vol.

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