ABSTRACT

This chapter is devoted to a further analysis of the problem of intensive rent. Following Ricardo, and the other Classicaleconomists, the majority of modern contributors do not investigate the possibility that agents may try to limit competition or strategically take advantage of special conditions. Hence, the distribution of plots of land among landowners is ignored. This chapter, on the contrary, argues that if the demand for agricultural commodities and the distribution of land ownership are such that demand can be satisfied only if the owner of the largest plot of land rents out at least part of his or her plots of land, then a positive extra rent is possible (if landowners behave in a strategic way).