Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic
The main aim of this study was to identify the factors that drive the prices of agricultural property after Poland's accession to EU in regions where agriculture is the predominant mode of production. A statistical model of real estate prices was developed based on the conducted transactions. T...
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Format: | Article |
Language: | English |
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EDP Sciences
2016-03-01
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Series: | Cahiers Agricultures |
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Online Access: | http://dx.doi.org/10.1051/cagri/2016013 |
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author | Kocur-Bera Katarzyna |
author_facet | Kocur-Bera Katarzyna |
author_sort | Kocur-Bera Katarzyna |
collection | DOAJ |
description | The main aim of this study was to identify the factors that drive the prices of agricultural property after Poland's accession to EU in regions where agriculture is the predominant mode of production. A statistical model of real estate prices was developed based on the conducted transactions. The key determinants of agricultural property prices were: location of land relative to rural settlements, soil quality, land fragmentation, forest cover in the municipality and location of farms in less-favored areas with natural handicaps for agricultural production. The last attribute results from Poland's membership in the European Union and participation in the Common Agricultural Policy. The support scheme increased the prices of agricultural property. Our results are largely consistent with the findings of international studies. They provide valuable inputs for prospective buyers of agricultural property and investors. |
first_indexed | 2024-04-11T19:06:13Z |
format | Article |
id | doaj.art-5a27cdc722ad4a969366b5bd61e1dd07 |
institution | Directory Open Access Journal |
issn | 1166-7699 1777-5949 |
language | English |
last_indexed | 2024-04-11T19:06:13Z |
publishDate | 2016-03-01 |
publisher | EDP Sciences |
record_format | Article |
series | Cahiers Agricultures |
spelling | doaj.art-5a27cdc722ad4a969366b5bd61e1dd072022-12-22T04:07:46ZengEDP SciencesCahiers Agricultures1166-76991777-59492016-03-012522500410.1051/cagri/2016013cagri160021Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion BalticKocur-Bera KatarzynaThe main aim of this study was to identify the factors that drive the prices of agricultural property after Poland's accession to EU in regions where agriculture is the predominant mode of production. A statistical model of real estate prices was developed based on the conducted transactions. The key determinants of agricultural property prices were: location of land relative to rural settlements, soil quality, land fragmentation, forest cover in the municipality and location of farms in less-favored areas with natural handicaps for agricultural production. The last attribute results from Poland's membership in the European Union and participation in the Common Agricultural Policy. The support scheme increased the prices of agricultural property. Our results are largely consistent with the findings of international studies. They provide valuable inputs for prospective buyers of agricultural property and investors.http://dx.doi.org/10.1051/cagri/2016013agricultural landcharacteristics of agriculture propertyless-favoured arealand acquisition |
spellingShingle | Kocur-Bera Katarzyna Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic Cahiers Agricultures agricultural land characteristics of agriculture property less-favoured area land acquisition |
title | Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic |
title_full | Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic |
title_fullStr | Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic |
title_full_unstemmed | Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic |
title_short | Determinants of agricultural land price in Poland – a case study covering a part of the Euroregion Baltic |
title_sort | determinants of agricultural land price in poland a case study covering a part of the euroregion baltic |
topic | agricultural land characteristics of agriculture property less-favoured area land acquisition |
url | http://dx.doi.org/10.1051/cagri/2016013 |
work_keys_str_mv | AT kocurberakatarzyna determinantsofagriculturallandpriceinpolandacasestudycoveringapartoftheeuroregionbaltic |