,themarginalproductoflandinthesefarmswillbehigher-andthemarginalproductsoftenantinputswillbelower—theassociatedmarginalopportunitycosts;similarly,resourcesinvestedbytenantswillyieldreturnsataratelowerthantheinterestrate.
Thereareseveralcircumstantiala,owingtothewaryearspreceding1947andthemultiplegovernmentalreformprogramsconductedinTaiwanagriculturesince1953,thedataIuseareprimarilyfrom1948to1951,thoughonoccasionIusedataof1947and1952also.[1]Cross-sectiondata,whenavailable,,inflationandnew,forexample,,forthegreaterpartoftheavailabledata,,inthenextchapterIshallattempttoranktheprefecturesinTaiwanaccordingto,fortechnicalreasonsIshal
,,withmoredataavailableoncropyields,,Ichoosedatafromprimarysources.
AftercontractswererenegotiatedinApril1949,,adjustmentsininputintensityoccurredinavarietyofways.
www.youxs.org
AlthoughthepopulationinTaiwanincreasedduringtheperiodunderstudy,,andtherewasanintensificationofnationaldefense.[2]
Intable2,column1containsindex,[3]theresultwasdecreasinglandholdingperfarmer(column6).Columns2and3revealthatthepopulationofbothownerandtenantfarmersincreased,,putedfromtheactualpopulation,declinesin1950and1951(column4).
However,the,56.—somesixmonthsafterthesharecontrol—[4]www.youxs.org.[5]Themajorfactor,therefore,waspartialrepossessionoflandfromthetenantsbythelandowners,whichinvolvednoleasedismissal.
Thereductionoflandsizeperlnner,hirefarmhandstodothetilling,,togetherwithlandpurchasedbytenants,,theownerscouldleasetherepossessedportionstonewtenants,resultingintheriseintenantfarmersandleasecontractsshownincolumn3.
Allthisleadstothevaluesincolumns7and8,whichmayberegardedasresultsof”criticalexperiments”su,theholdingperownerfarmerincreased,,morespecifically,thatunderthesharerestrictiontheintensityoflaborinputtolandwassignificantlyhigherintenantfarmsthaninownerfarms.
,thevaluesgivenincolumns7and8indicatethatbeforethesharerestrictiontdtotenantsunderstateownership,andthelaborintensityforthisportionoflandwasreportedlylow.[6]Butwelackinfor,insteadoffurnishingroughestimates,www.youxs.org(seechapter8,table4).Iftheunaffectedtenantfarmersweretransferredfromcolumn8tocolumn7,whichistheproperprocedureforourpresentpurpose,thedifferencebetweenthesecolumnsafter1949wouldbeevengreater.[7]Finally,itisclearthatthemajoradjustmentsinlaborintensityoccurredquickly,,wheretheaveragelandsizesforeachleaseandtractdeclinedonlyslightlyfromDecember1949toJune1951.