NEW TECHNOLOGY DIFFUSION AND INDUCEMENTS TO INSTITUTIONAL INNOVATION IN LAND TENANCY AND LABOR CONTRACT SYSTEMS IN AGRARIAN BANGLADESH

In recent years, privatization and liberalization in agricultural input markets in Bangladesh, as well as improvements from the adoption of new technology and cropping systems, have occured in areas with year-round access to water for irrigation. This case study was conducted on two typical Bangladesh villages to determine how technological change induces institutional innovation in land and labor contract markets. The results show that the series of changes in land and labor contractual arrangement that becomes irrigated agriculture is more profit-able with imperfect informal credit and a hired labor market. 1

Extensional Flow Mixer for Polymer Nanocomposites

Peer reviewed: NoNRC publication: Ye