Rural Development Experience: Economic Perspectives

Page 20

3.

Rural

Markets

Many

rural

services

holds.

Credit,

example, tenant

been

that

such

Braverman fanuers

other

a ceiling

Landlords

will

by

lower

Paying

If the the

tenant

landlord

rates

and

A new has

emerged

the

link

previous

and

in recent

the

will

studies

markets

that and

when

e_loy-

transactions be

With

For

show

with

a

ineffective.

reduced

charging

land

more

rents

for credit.

institutional

charge

credit,

higher

interest

be broken.

the

years

production

function.

fa_er_

_or

to

on

of

dealing

credit

may

not

literature

between

of

with

will

fun_tlon

incomplete

(1984}

rents

be able

may

"interllnked'.

be provided

link

section,

production ments,

wa_es

house-

rural

"transaCtionsc0St"

of

sources

up

to

Studies

are

land make

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the

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to

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interlinked

_imply

can

of

presence

have

through

landlord,

focus

Srinivasan

do not

than

high

/

d_signed

markets

and

markets

and

input

years.[

in the

are

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and

the

in recent choice

shown

ment

currently

markets

have

contractual

projects

insurance

by economists

have

not

Incomplete

environments

XnsÂŁitutlcns

d_velopment

provide

poorly.

an4

agricultural as and

household With

operate

low

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household It

focuses

consumption. model

their

farm

I_ the

included

transaction

on

a:_az_ •

cost

enterprise

environ_"


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