TENANCY ARRANGEMENTS USED BY LOUISIANA CRAWFISH PRODUCERS |
| |
Authors: | Jeffrey Gillespie Narayan Nyaupane |
| |
Institution: | 1. Department of Agricultural Economics and Agribusiness , Louisiana State University Agricultural Center , Baton Rouge, LA, USA jmgille@lsu.edu;3. Department of Agricultural Economics and Agribusiness , Louisiana State University Agricultural Center , Baton Rouge, LA, USA |
| |
Abstract: | Land tenancy arrangements vary widely in the U.S. crawfish industry, including full ownership by the crawfish producer, cash leases, share leases, and combination cash-share leases. This study examines the array of tenancy arrangements available and analyzes the types of farmers selecting each using a multinomial logit model. Choice of tenancy arrangement varies according to a number of traditional factors, such as farm size, experience, specialization, and production system. The influence of production system on land tenancy selection is of particular interest. Crawfish-rice double-crop producers tend to own all of their crawfish land, while those farming under rotational systems with crawfish and field crops tend to select combination cash-share leases. Shares, rental rates, and percentages of pumping cost paid by the landlord vary widely. |
| |
Keywords: | cash lease crawfish rotation rice-crawfish double-crop share lease |
|
|