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The influence of agricultural support on sale prices of French farmland: A comparison of different subsidies, accounting for the role of environmental and land regulations

Laure Latruffe (), Laurent Piet (), Pierre Dupraz () and Chantal Le Mouël

No 152372, 2013: Productivity and Its Impacts on Global Trade, June 2-4, 2013. Seville, Spain from International Agricultural Trade Research Consortium

Abstract: We investigate the determinants of agricultural land price in several regions in France over the period 1994-2011 using individual plots transaction data, with a particular emphasis on agricultural subsidies and nitrate zoning regulations. We found a positive but relatively small capitalisation effect of the total subsidies per hectare. We found evidence that agricultural subsidies capitalised at least to some extent. However, the magnitude of such a capitalisation depends on the region considered, on the type of subsidy considered, and on the location of the plot in a nitrate surplus zone or not. Only land set-aside premiums significantly capitalise into land price, while single farm payments have a significant positive capitalisation impact only for plots located in a nitrate surplus zone.

Keywords: Agricultural and Food Policy; Farm Management; International Development; Land Economics/Use (search for similar items in EconPapers)
Pages: 20
Date: 2013-06
New Economics Papers: this item is included in nep-agr, nep-eff, nep-env, nep-eur and nep-spo
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Related works:
Working Paper: The influence of agricultural support on sale prices of french farmland: a comparison of different subsidies, accounting for the role of environmental and land regulations (2014) Downloads
Working Paper: Influence of Agricultural Support on Sale Prices of French Farmland: A comparison of different subsidies, accounting for the role of environmental and land regulations (2013) Downloads
Working Paper: The influence of agricultural support on sale prices of French farmland: A comparison of different subsidies, accounting for the role of environmental and land regulations (2013) Downloads
Working Paper: Influence of Agricultural Support on Sale Prices of French Farmland: A comparison of different subsidies, accounting for the role of environmental and land regulations (2013) Downloads
Working Paper: The influence of agricultural support on sale prices of french farmland: a comparison of different subsidies, accounting for the role of environmental and land regulations (2013) Downloads
Working Paper: Influence of agricultural support on sale prices of french farmland: a comparison of different subsidies, accounting for the role of environmental and land regulations (2013) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iatr13:152372

DOI: 10.22004/ag.econ.152372

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