Abstract

tors while sharing returns with the landowner. An optimizing tenant would attempt to rent a maximum area of land while applying as little as possible of the variable input factors. In Brazil, sharecropping has been viewed as a means of hiring farm labor with minimal cash outlay and need for supervision. The same farmer often owns land, sharecrops and performs wage labor. From the tenants' perspective, sharecropping offers some protection from agricultural risk and the need to market his crop for cash. It is an especially attractive alterna? tive where a large proportion of the rural population is outside the money economy.

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