An Analysis of the "Early Plantation Premium": A Study of Sugarcane Contracts in the Japanese Colonial Era
Journal
經濟論文叢刊
Journal Volume
27
Journal Issue
1
Pages
19-41
Date Issued
1999-03
Date
1999-03
Author(s)
Abstract
During the Japanese colonial colonial era the early plantation method was one of the most important breakthroughs in sugarcane plantation. Mills offered a premium to farmers that planted early. Some scholars have considered this premium an incentive to farmers to break with the old plantation method. Others have conjectured that sugarcane planted earlier contained more sugar and therefore had a higher value. This paper examines these ideas and offers a different explanation: as a monopsony, the mill could use the premium to practice second-degree price discrimination to enhance its profits.
Subjects
第二級價格歧視
Second-degree price discrimination
Type
journal article