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Impacts Of Direct Payments On Indicators Of Agricultural Land Market In Hungary

Author

Listed:
  • Sergey Vinogradov
  • Mária Fekete-Farkas
  • Zsuzsanna Tóth-Naár

Abstract

This paper presents the results of modelling the impacts of increasing direct payments (SAPS) on market value and rental fees of arable land in case of Hungary. The authors found that 6-7 eurocents per additional euro of direct payments is capitalised in arable land rents.

Suggested Citation

  • Sergey Vinogradov & Mária Fekete-Farkas & Zsuzsanna Tóth-Naár, 2014. "Impacts Of Direct Payments On Indicators Of Agricultural Land Market In Hungary," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 683-689.
    • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:683-689
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    References listed on IDEAS

    as
    1. Van Herck, Kristine & Vranken, Liesbet, 2012. "Direct Payments and Land Rents: Evidence from New Member States," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126777, International Association of Agricultural Economists.
    2. Pavel Ciaian & d’Artis Kancs, 2012. "The Capitalization of Area Payments into Farmland Rents: Micro Evidence from the New EU Member States," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 60(4), pages 517-540, December.
    3. repec:lic:licosd:12903 is not listed on IDEAS
    4. Duvivier, Romain & Gaspart, Frederic & Frahan, Bruno Henry de, 2005. "A Panel Data Analysis of the Determinants of Farmland Price: An Application to the Effects of the 1992 Cap Reform in Belgium," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24577, European Association of Agricultural Economists.
    5. Vranken, Liesbet & Swinnen, Johan F.M., 2003. "Land Markets In Transition: Theory And Evidence From Hungary," PRG Working Papers 31880, Katholieke Universiteit Leuven, LICOS - Centre for Institutions and Economic Performance.
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    More about this item

    Keywords

    direct payments; rental prices for arable land; stepwise regression model;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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