Thequalitativechangeinfertilizersconsumee,theproductionofgreenmanurecropsdidnot.[7]Beforethesharerestriction,greenmanurecropswereseldomharvested,,however,,partofthecropswerenowharvested,processedincakeform,,,aconditionessentialforthefastercroprotationintenantfarmsasimpliedbythehypothesisofincreasedfarmingintensity.

TheaforementionedchangesinfertilizerconsumptionconformwithareportprovidedbytheTaiwanProvincialLandBureauwhichindicatesthatthegreaterpartoftheincreaseintenantinewasinvestedinfarming.[8]Itwasreportedthat,in1950,www.youxs.org

[1].SeeShen,AgriculturalDevelopmentonTaiwan,www.youxs.org(housingwasusuallyprovidedbythelandowners).Thequalitativechangesinfertilizersrepresentedincreasingfarmingintensityandnotpensatingpayments.

[2].DAF,Yearbook1952,www.youxs.org,,”TheTaiwanFertilizerIndustry,”www.youxs.org.

[3].DAF,Yearbook1952,www.youxs.org.

[4].Ibid.,www.youxs.org.

[5].Shen,AgriculturalDevelopmentonTaiwan,www.youxs.org,,”TheTaiwanFertilizerIndustry.”

[6].DAF,Yearbook1952,www.youxs.org.

[7].Ibid.,www.youxs.org.

[8].TaiwanProvincialLandBureau,”,”mimeographed(1950),pp.,nysources,butallareputedsimplyb

www.youxs.org

Admittedly,,,however,,welackinformationonwhetherthe,however,thatavailableevidencerelatedtoresourcereallocationisconsistentwiththeimplicationsofthehypothesisofincreasedfarmingintensity,iouscropyieldsinthenextchapter.

ButtheincreaseintenantinputintensityunderthesharerestrictioninTaiwanhasbeenregardedbyreformofficialsandTaiwaneconomistsas”significant.”[1]Acceptingtheevidenceoninputadjustmentsaspresented,wemaydismisstheargumentswithwhichTaiwanreformofficialshaveclaimed”success.”

Theirfirstlineofargumentrestsontheassertionthattenantcultivationhadbeeninefficientinitially,,theyargue,thetenantsincentivetofarmisreduced,,tenantinputsmittedtolandhadbeen”insufficient”underafreemarket,withthemarginalproductsoftenantinputshigherthanthemarginalcosts,,thisargumentimpliesthataslongastherentalpercentageisgreaterthanzero,,however,resourceuseinownerfarmsandintena,thehypothesisofincreasedfarmingintensityimplies”excessive”,then,istheusefulhypothesis?