scholarly journals CONDITIONS OF AGRICULTURAL LAND PRICES DEVELOPMENT IN POLAND

AGROFOR ◽  
2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Renata MARKS-BIELSKA
Keyword(s):  
Agricultural Production ◽  
Agricultural Land ◽  
Private Property ◽  
Supply And Demand ◽  
Policy Instruments ◽  
State Institution ◽  
The State ◽  
The European Union ◽  
Land Prices ◽  
Agricultural Land Prices

The aim of the paper has been to diagnose factors determining agricultural landprices, classifying them and determining which of them plays the most importantrole. The considerations were based on selected subject literature, the results ofresearches conducted by other authors, as well as analysis of statistical data from theCentral Statistical Office of Poland and Eurostat. Factors determining agriculturalland prices in Poland can be divided into two groups: 2) Market: supply and demandfor agricultural land allotted to agricultural production; supply and demand foragricultural land that can be, in compliance with the binding law, allotted to purposesother than agricultural; simultaneous functioning of two market segments - private(on which a majority of land trading is conducted among farmers) as well as the statemarket segment – the Stock of Agricultural Property of the State Treasury managed,on behalf of the owner - the State Treasury, by the state institution - the AgriculturalProperty Agency; profitability of agricultural production. 2) Non-market: historicalconditions – dominance of private property in Polish agriculture, both in the marketeconomy and in the previous economic system; tradition, culture - passing farmsfrom generation to generation; Poland’s accession to the European Union andcovering Polish farmers with common agricultural policy instruments; ending thetransitional period of purchasing Polish agricultural properties by foreigners on 1May 2016. After this period, the hitherto limitations (special permits) for foreignersin purchasing agricultural properties in Poland were lifted.

scholarly journals Wyrównywanie się cen gruntów rolnych w krajach Unii Europejskiej

2020 ◽  
Vol 20(35) (1) ◽  
pp. 67-77
Author(s):  
Anna Twardowska
Keyword(s):  
European Union ◽  
Spatial Data ◽  
Agricultural Land ◽  
Land Market ◽  
Test Results ◽  
The European Union ◽  
Land Prices ◽  
Catching Up ◽  
Agricultural Land Prices ◽  
Beta Convergence

The paper deals with issues related to the development of agricultural land prices in the countries of the European Union. The hypothesis regarding absolute beta-convergence of agricultural land prices among 20 selected EU countries was verified. The research was carried out for the years 2006 - 2017 using absolute beta convergence models based on spatial data. Obtained test results confirm the occurrence of so-called the effect of catching up on the agricultural land market in the European Union. Thus, in countries where initially a lower level of agricultural land prices were found, there is a faster increase in prices than in countries with initially higher levels.

scholarly journals Konwergencja typu sigma cen gruntów rolnych w państwach Unii Europejskiej

2019 ◽  
Vol 19(34) (1) ◽  
pp. 133-143 ◽  
Author(s):  
Anna Twardowska
Keyword(s):  
European Union ◽  
Agricultural Land ◽  
Three Dimensions ◽  
The European Union ◽  
Land Prices ◽  
Eu Countries ◽  
Price Differentiation ◽  
Sigma Convergence ◽  
Agricultural Land Prices ◽  
The Eu

The article raises the issue of dependence between agricultural land prices in the European Union countries. The aim of the article is to provide an answer to the following question: if the level of agricultural land price differentiation in the European Union is diminishing. The analysis covered prices of agricultural land in selected the EU countries in the period 2006 - 2016. The study was based on the occurrence of convergence in three dimensions: throughout the European Union, between the so-called old EU and between the so-called new EU countries. As a result of the conducted analyses, the phenomenon of sigma-convergence of agricultural land prices across the EU was confirmed. It was also found that in the so-called new EU countries and in so-called old EU countries there is no sigma convergence of agricultural land prices.

scholarly journals Population, Income, and Farmland Pricing in an Open Economy

2020 ◽  
Vol 8 (4) ◽  
pp. 67
Author(s):  
Huijian Dong ◽  
Xiaomin Guo
Keyword(s):  
Open Economy ◽  
Agricultural Land ◽  
Real Variable ◽  
The United States ◽  
The State ◽  
Purchasing Power ◽  
Land Prices ◽  
Income Per Capita ◽  
Per Capita ◽  
Agricultural Land Prices

Farmland valuation models usually incorporate local purchasing power as one of the pricing factors. A plausible rationale is that a larger population and higher income per capita imply increasing demand for agricultural products and farmland. In this paper, we study the relationship between the agricultural land prices, the regional population, and income per capita in an open economy setting in nominal and real variable terms using data from 1929 to 2018 at the state level. We show that in most areas of the United States, agricultural land prices are less affected by the state population or personal income. The valuation of agricultural land should not factor in the local purchasing power factors, with a few exceptions.

scholarly journals The Czech agricultural insurance market and a prediction of its development in the context of the European Union

2012 ◽  
Vol 51 (No. 11) ◽  
pp. 531-538 ◽  
Author(s):  
E. Vávrová
Keyword(s):  
European Union ◽  
Agricultural Production ◽  
The State ◽  
Policy Position ◽  
Agricultural Activity ◽  
The European Union ◽  
Agricultural Insurance ◽  
The Czech Republic ◽  
Self Sufficiency ◽  
Basic Approaches

In the market economy, agriculture ranks among the important political and economic issues. Risks associated with agricultural activity can be catastrophic. For farmers and farms, damages resulting from materialized risks represent significant and existence-threatening problems. For the state, damages in agriculture can endanger the food supply chain, cause fluctuation in employment or jeopardize the state’s foreign-policy position due to lack of self-sufficiency. This is why it is necessary to discuss the methods and ways to deal with the problem, to eliminate agricultural risks or to minimize their occurrence and materialization. One of the possible ways is insurance. With regard to these facts, the author attempts to make an analysis of the possible ways to eliminate risks that endanger agricultural production and, according to this analysis, to describe the basic approaches to minimizing or eliminating the materialization of risks associated with agricultural activity. Subsequently, the author focuses on agricultural insurance systems in the countries of the European Union, and on the present-day situation in the field of agricultural insurance in the Czech Republic. 

scholarly journals Official agricultural land price in the Slovak Republic

2008 ◽  
Vol 53 (No. 4) ◽  
pp. 184-188
Author(s):  
K. Bradáčová
Keyword(s):  
Property Rights ◽  
Agricultural Land ◽  
Slovak Republic ◽  
Supply And Demand ◽  
Income Effect ◽  
Land Market ◽  
Land Price ◽  
Market Prices ◽  
Land Prices ◽  
Land Site

As long as the land market in Slovakia is not completely developed and land market prices introduced, the officially assigned land prices are practically in use. At the present time, land prices should express the supply prices, which cover the income effect of the land site under the socially necessary costs. In this situation, for the temporary period, centrally assigned fixed land prices could represent the effective supply and demand prices in case they correspond to the mentioned conditions. At present, the official prices are used for fiscal purposes and the land property rights.

scholarly journals Does Climatic Variability Influence Agricultural Land Prices under Differing Uses? The Texas High Plains Case

2013 ◽  
Vol 04 (08) ◽  
pp. 506-513
Author(s):  
Rachna Tewari ◽  
Jeff Johnson ◽  
Darren Hudson ◽  
Chenggang Wang ◽  
Dennis Patterson
Keyword(s):  
Agricultural Land ◽  
Climatic Variability ◽  
High Plains ◽  
Land Prices ◽  
Texas High Plains ◽  
Agricultural Land Prices

scholarly journals Agricultural Land Price Convergence: Evidence from Polish Provinces

Agriculture ◽  
2020 ◽  
Vol 10 (5) ◽  
pp. 183 ◽  
Author(s):  
Mateusz Tomal ◽  
Agata Gumieniak
Keyword(s):  
Market Integration ◽  
Fixed Effects ◽  
Agricultural Land ◽  
Land Market ◽  
Price Convergence ◽  
Present Value ◽  
Land Price ◽  
Land Prices ◽  
Long Run ◽  
Agricultural Land Prices

This research deals with the problem of agricultural land market efficiency using the spatial market integration concept as well as the present value (PV) model. Empirically, it aims to test the convergence of agricultural land prices across Polish provinces. In order to check the law of one price (LOP), good-quality, medium-quality and bad-quality land sales markets are examined separately. Furthermore, this study is complemented by an analysis of the drivers behind agricultural land price convergence. The main method of testing price convergence is the log t regression. The latter was performed in two configurations, i.e., based on trend components of time series extracted using the Hodrick–Prescott filter and the Hamilton filter. Additionally, traditional β- and σ-convergence tests were applied. The obtained results indicated that agricultural land prices tend to converge in relative terms, which means that the provinces share a common long-run growth path. This finding and estimates of traditional convergence tests prove the increasing integration in the agricultural land market in Poland. There is no evidence, however, to support the conclusion that the absolute version of the long-run LOP holds. Moreover, using dynamic fixed effects models, it was identified that for good-, medium- and bad-quality land prices almost the same drivers of convergence apply. The only differences concern the strength of the influence of independent variables on prices of farmland of various types. Additionally, bad-quality land prices are the only ones which are affected by livestock density. Furthermore, estimates of the present value model finally confirmed that the agricultural land sales market in Poland cannot be considered as efficient.

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