Pay, peek, punish? Repayment, information acquisition and punishment in a microcredit lab-in-the-field experiment
In: Journal of development economics, Band 117, S. 119-133
ISSN: 0304-3878
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In: Journal of development economics, Band 117, S. 119-133
ISSN: 0304-3878
In: Journal of development economics, Band 117, S. 119-133
ISSN: 0304-3878
World Affairs Online
In: Journal of development economics, Band 160, S. 102996
ISSN: 0304-3878
In: Journal of development economics, Band 160, S. 1-20
ISSN: 0304-3878
World Affairs Online
In: CESifo Working Paper No. 9081
SSRN
In: CESifo Working Paper No. 7354
SSRN
In: Journal of development economics
ISSN: 0304-3878
World Affairs Online
In: CESifo Working Paper No. 8322
SSRN
Working paper
In: Economics of transition, Band 26, Heft 2, S. 303-331
ISSN: 1468-0351
AbstractWe conducted a laboratory‐in‐the‐field experiment with real‐life tenants in Ethiopia to test the incentive effects of fixed wage, sharecropping, fixed rent, and ownership contracts. The experimental task resembles a common process in agricultural production. The sharecropping contract is a piece rate scheme framed as a profit‐sharing agreement. Sharecropping output was about 12 percent smaller than the fixed rent output. Surprisingly, it is statistically indistinguishable from the fixed wage output, despite substantial piece rates. This effect is driven by real‐life sharecroppers. Their sharecropping output was smaller than that of non‐sharecroppers, especially in a region where a controversial land reform took place. We argue that our subjects dislike sharecropping contracts because of the unfair profit sharing and the disputed allocation of land. Fairness concerns, therefore, may be another impediment to efficiency under the sharecropping contract.
In: Economics of Transition, Band 26, Heft 2, S. 303-331
SSRN
In: CESifo Working Paper No. 10719
SSRN
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 152, S. 1-22
World Affairs Online