Characteristics of Arable Land Valuation in Hungary

Tamás Nándor Tógyer ()
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Tamás Nándor Tógyer: University of Miskolc

Theory Methodology Practice (TMP), 2012, vol. 8, issue 02, 95-100

Abstract: Since the transition, the different asset valuation methods have gained an increasing importance in agriculture. Land assessment has a high priority in agriculture, since it is the basis and an indispensable resource of the branch. Hungarian land prices are low, which is mainly due to two factors; the lack of land sales, and low farm incomes. Further issues to be addressed are what the old gold-crown system should be replaced with, and also if economic and ecological land evaluations should go together. In this context, it is also necessary to decide whether a uniform land valuation system has to be introduced, or whether the choice of a method suiting the purpose of valuation will always be the most effective.

Keywords: land market; Gold-crown system; yield calculation (search for similar items in EconPapers)
JEL-codes: Q15 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:mic:tmpjrn:v:8:y:2012:i:02:p:95-100

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