Institutional Factors Affecting Agricultural Land Markets
Johan Swinnen (),
Kristine Van Herck () and
Liesbet Vranken ()
No 118, Factor Markets Working Papers from Centre for European Policy Studies
This paper analyses the main institutional factors affecting the rental and sales markets for agricultural land. Particular attention is paid to the effects of the common agricultural policy on land markets, and more specifically the underlying mechanism through which agricultural subsidies are capitalised into land values and farmland rents. This paper also provides a broad overview of the empirical studies that estimate the impact of agricultural support policies on land rents and land prices. Various other fundamental factors that affect agricultural land markets are discussed, such as land market institutions and regulations, transaction costs, credit market constraints and levels of profitability, the legal means of contract enforcement and land use alternatives.
Pages: 22 pages
New Economics Papers: this item is included in nep-agr and nep-cwa
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29) Track citations by RSS feed
Downloads: (external link)
http://www.factormarkets.eu/system/files/FM_WP16%2 ... kets_D15.3_final.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Working Paper: Institutional Factors Affecting Agricultural Land Markets (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eps:fmwppr:118
Access Statistics for this paper
More papers in Factor Markets Working Papers from Centre for European Policy Studies Contact information at EDIRC.
Bibliographic data for series maintained by Eleni Kaditi ().