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Investment in Agriculture in Early Modern France

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Type: Working Paper
Author: Hoffman, Philip T.
Date: 1981
Agency: Division of the Humanities and Social Sciences, California Institute of Technology, Pasadena, CA
Series: Social Science Working Paper, no. 406
URI: https://hdl.handle.net/10535/5862
Sector: Agriculture
Region: Europe
Subject(s): agriculture
Abstract: "This paper examines the wave of investment in agriculture in 16th and 17th century France, a movement with parallels throughout western Europe. After dismissing the explanations advanced by most historians, I argue that the investment in agriculture resulted from royal tax policy. I then consider the predilection investors showed for sharecropping and suggest that this predilection can be explained in light of modern economic theories of share contracts."

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