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The impact of liberalization on the romanian land market sales

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  • Sinziana Elena Butnaru

    (Faculty of Agro-Food and Environmental Economics, The Bucharest University of Economic Studies, Romania)

Abstract

The purchase of agricultural land holdings leads to farming efficiency and performance. Because agricultural land is one of the main strategic resources in land market, the state must act with great caution and responsibility. In this context 2014 marks the liberalization of agricultural land market in Romania for potential investors from Europe under the Common Agricultural Policy. Therefore, as a revealing and in this article, there are quite a few reasons to believe that the acquisition of agricultural land is at least a subject of great interest both for farmers Romanian, and especially for foreign investors. What I proposed to a further importance it is the identification of the correct functioning of the land market and the impact they have certain basic elements of which the most relevant is the lack of land register. It also will draw attention to the negative impact that can be generated socially, through irresponsible sale of land to new owners who will not first take account of cultural, crop rotation, environmental zoning and overall production. At the end of the paper I have reserved the right to outline some proposals that I hope they are going to improve the current situation. The present paper analyses the impact of liberalization on the Romanian land market sales. The goal is to identify the effect of land liberalization in the context in which foreign buyers are allowed to purchase land in Romania, since 2014. In order to achieve this goal, an analysis of Romanian legislation is done in the contents of this paper, in particular an analysis of the law 17/2014.

Suggested Citation

  • Sinziana Elena Butnaru, 2014. "The impact of liberalization on the romanian land market sales," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 3, pages 244-250.
    • Handle: RePEc:aes:icafee:v:3:y:2014:p:244-250
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    References listed on IDEAS

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    1. Pavel Ciaian & d’Artis Kancs & Johan Swinnen, 2010. "EU Land Markets and the Common Agricultural Policy," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 53(3), pages 1-31.
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