Investment in Agriculture in Early Modern France

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Date

1981

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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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agriculture, investment

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