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Analysis of the Agricultural Land Market in Selected Poviats of the West Pomeranian Voivodeship

Author

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  • Bartosz Mickiewicz
  • Aneta Zaremba
  • Milena Bera

Abstract

Purpose: The research aimed to identify the regularities in the dynamics and structure of phenomena occurring on the agricultural land market, emphasizing treasury real estate. The transactions came from the primary market in 1996-2001 and 2014-2019. The seller was the Agricultural Property Agency of the State Treasury, later transformed into the Agricultural Property Agency. Design/Methodology/Approach: In the scope of processing the collected data, the methods of inductive and deductive reasoning, descriptive and monographic, and statistical methods, were used. The research methodology was based on statistical measures in the field of structural analysis and changes over time. The structural analysis was carried out for the characteristics "price per ha" and "area" of agricultural land, for which empirical distributions were built and selected descriptive parameters were calculated. Findings: The conducted research shows that the price of 1 ha of arable land is determined primarily by the location rent. The highest unit prices were achieved by land with an area of up to 0.5 ha located near the Szczecin agglomeration, which is confirmed in both analyzed periods. The dynamics of agricultural land prices in 1996-2001 showed no clear development tendency, which proves an unstable market was transforming, susceptible to the external environment's influence, including the shaping of demand. Practical Implications: The article contains a lot of valuable information that may constitute a base material and a reference to further research carried out by scientific specialists researching the issues of the agricultural land market or agricultural property management institutions of the Agricultural Property Stock of the State Treasury. Originality/Value: The results of the comparative analysis and theoretical considerations supplement the research conducted so far in the field of prices on the agricultural land market in Poland and may become a valuable resource of knowledge useful in the preparation of dissertations in the field of agricultural property management.

Suggested Citation

  • Bartosz Mickiewicz & Aneta Zaremba & Milena Bera, 2021. "Analysis of the Agricultural Land Market in Selected Poviats of the West Pomeranian Voivodeship," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 1089-1099.
  • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:1:p:1089-1099
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    References listed on IDEAS

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    1. Hurrelmann, Annette, 2008. "Analysing agricultural land markets as organisations: An empirical study in Poland," Journal of Economic Behavior & Organization, Elsevier, vol. 67(1), pages 338-349, July.
    2. Klaus Deininger, 2003. "Land Policies for Growth and Poverty Reduction," World Bank Publications - Books, The World Bank Group, number 15125.
    3. Abhijit Banerjee & Lakshmi Iyer, 2005. "History, Institutions, and Economic Performance: The Legacy of Colonial Land Tenure Systems in India," American Economic Review, American Economic Association, vol. 95(4), pages 1190-1213, September.
    4. Falkowski, Jan, 2013. "Does it matter how much land your neighbour owns? The functioning of land markets in Poland from a social comparison perspective," Factor Markets Working Papers 171, Centre for European Policy Studies.
    5. Binswanger, Hans P. & Deininger, Klaus & Feder, Gershon, 1995. "Power, distortions, revolt and reform in agricultural land relations," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 42, pages 2659-2772, Elsevier.
    6. Ciaian, Pavel, & Kancs, d’Artis & Swinnen, Jo & Van Herck, Kristine & Vranken, Liesbet, 2012. "Rental Market Regulations for Agricultural Land in EU Member States and Candidate Countries," Factor Markets Working Papers 117, Centre for European Policy Studies.
    7. Thomas W. Hertel, 1989. "Negotiating Reductions in Agricultural Support: Implications of Technology and Factor Mobility," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(3), pages 559-573.
    8. Ciaian, Pavel, & Kancs, d’Artis & Swinnen, Jo & Van Herck, Kristine & Vranken, Liesbet, 2012. "Sales Market Regulations for Agricultural Land in EU Member States and Candidate Countries," Factor Markets Working Papers 116, Centre for European Policy Studies.
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    Cited by:

    1. Renata Marks-Bielska & Miroslawa Witkowska-Dabrowska, 2021. "Evaluation of Changes in Exclusion of Arable Land from Agricultural Production in Poland in the Context of Guidelines of the Strategy for Responsible Development," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 351-364.

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    More about this item

    Keywords

    Real estate market; arable land; transactions; prices; demand.;
    All these keywords.

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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