Electronic auctions for the sale of land lease rights: new opportunities and risks

Olga Khodakivska and Ihor Yurchenko

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2020, vol. 27, issue 6

Abstract: The purpose of the article is to investigate the results of electronic auctions for the sale of lease rights to agricultural land in Ukraine, to identify the main trends of such transactions and the feasibility of such auctions. Research methods. An empirical method was used (comprehensive assessment of a pilot project for conducting electronic auctions for the sale of lease rights to agricultural land in Ukraine); analytical and statistical method (calculated the results of electronic bidding); graphical method (illustrative representation of the results of calculations in the dynamics); abstract-logical method (generalization and formulation of conclusions). Research results. An analysis of electronic auctions for the sale of agricultural land lease rights in Ukraine, which took place for the period from 2018 to 2019. As a result, the minimum and maximum price for the lease of 1 ha of land in Ukraine, their share of the normative monetary valuation, the number of plots and their areas, the lease rights for which were exercised. The main trends of these transactions and the feasibility of such auctions are identified. Scientific novelty. Trends and prospects for the development of electronic auctions for the sale of agricultural land lease rights in Ukraine have been identified, which creates an opportunity to formulate proposals for further introduction of such a format for the implementation of land ownership in Ukraine. Practical significance. The results of research showed that the experience of selling leases on agricultural land through electronic bidding (auctions) can be effectively used on a permanent basis not only when selling leases, but also when selling land ownership when opening a land market. Figs.: 4. Refs.: 15.

Keywords: Land; Economics/Use (search for similar items in EconPapers)
Date: 2020
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