 AN ESTIMATION OF FARMLAND PRICES IN ROMANIA AFTER THE APPLICATION OF LAW 17 OF 2014Agricultural Economics and Rural Development, 2018, vol. 15, issue 1, 15-28 Abstract: The paper presents an estimate of the average national price of agricultural land, for the years 2014 (second half), 2015, 2016 and 2017 (the first three quarters). Throughout the investigated period, the average price was about 4000 euro/ha. For this estimation, the public data on the sale offers of agricultural land outside the localities were used, for parcels larger than 30 ha. For the comparison with the prices of parcels smaller than 30 ha, the average price in the third quarter of 2017 was also estimated, for three counties (Bacău, Olt and Mureş). The results confirm the experts’ perception of the price gaps between the small-sized parcels and the large-sized parcels, the value of the latter being almost double. The analysis also highlights the differences between the farmland prices in the counties with high agricultural potential, from the plain area, where the number of transactions with consolidated land is also higher, compared to the counties from the hilly area, where prices are lower. Keywords: farmland acquisition; land price; Romanian legislation. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:iag:reviea:v:15:y:2018:i:1:p:15-28 Access Statistics for this article More articles in Agricultural Economics and Rural Development from Institute of Agricultural Economics Contact information at EDIRC. |
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