Analysis of the Agricultural Land Market in Selected Poviats of the West Pomeranian Voivodeship
Bartosz Mickiewicz,
Aneta Zaremba and
Milena Bera
European Research Studies Journal, 2021, vol. XXIV, issue 1, 1089-1099
Abstract:
Purpose: The research aimed to identify the regularities in the dynamics and structure of phenomena occurring on the agricultural land market, emphasizing treasury real estate. The transactions came from the primary market in 1996-2001 and 2014-2019. The seller was the Agricultural Property Agency of the State Treasury, later transformed into the Agricultural Property Agency. Design/Methodology/Approach: In the scope of processing the collected data, the methods of inductive and deductive reasoning, descriptive and monographic, and statistical methods, were used. The research methodology was based on statistical measures in the field of structural analysis and changes over time. The structural analysis was carried out for the characteristics "price per ha" and "area" of agricultural land, for which empirical distributions were built and selected descriptive parameters were calculated. Findings: The conducted research shows that the price of 1 ha of arable land is determined primarily by the location rent. The highest unit prices were achieved by land with an area of up to 0.5 ha located near the Szczecin agglomeration, which is confirmed in both analyzed periods. The dynamics of agricultural land prices in 1996-2001 showed no clear development tendency, which proves an unstable market was transforming, susceptible to the external environment's influence, including the shaping of demand. Practical Implications: The article contains a lot of valuable information that may constitute a base material and a reference to further research carried out by scientific specialists researching the issues of the agricultural land market or agricultural property management institutions of the Agricultural Property Stock of the State Treasury. Originality/Value: The results of the comparative analysis and theoretical considerations supplement the research conducted so far in the field of prices on the agricultural land market in Poland and may become a valuable resource of knowledge useful in the preparation of dissertations in the field of agricultural property management.
Keywords: Real estate market; arable land; transactions; prices; demand. (search for similar items in EconPapers)
JEL-codes: Q13 Q18 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiv:y:2021:i:1:p:1089-1099
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