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What drives competition on the farmland market? A case study in Brittany (France)

Author

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  • Laurent Piet
  • Romain Melot
  • Soukeyna Diop

Abstract

We investigate factors which may drive the number of agents who compete for a specific piece of farmland in the French region of Brittany by fitting count models to data originating from a local committee, the CDOA, which is responsible for guidance in delivering the necessary “authorisations to farm”. Results are analysed in the light of a conceptual framework which provides an explanation why the subset of farmers who actually apply for an authorisation to farm may differ from the whole set of potential applicants. Several results reflect the impact of an informal mediation by local farmer unions, which aims to lower potential conflicts and hence competition.

Suggested Citation

  • Laurent Piet & Romain Melot & Soukeyna Diop, 2021. "What drives competition on the farmland market? A case study in Brittany (France)," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 48(1), pages 60-96.
  • Handle: RePEc:oup:erevae:v:48:y:2021:i:1:p:60-96.
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    File URL: http://hdl.handle.net/10.1093/erae/jbaa019
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    Cited by:

    1. Stefan Seifert & Silke Hüttel, 2023. "Is there a risk of a winner’s curse in farmland auctions?," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 50(3), pages 1140-1177.
    2. Lars Isenhardt & Stefan Seifert & Silke Hüttel, 2023. "Tenant Favoritism and Right of First Refusals in Farmland Auctions: Competition and Price Effects," Land Economics, University of Wisconsin Press, vol. 99(2), pages 302-324.
    3. Maximilian Humpesch & Stefan Seifert & Alfons Balmann & Silke Hüttel, 2022. "How does tenancy affect farmland prices? Effects of lease status, lease term and buyer type," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 83(2), pages 242-263, September.
    4. Tretiak, Anton & Moskalenko, Anatolii & Tretiak, Valentina & Moskalenko, Valentyna & Tretiak, Nataliia, 2022. "Agricultural land turnover in Ukraine: state, features and problems," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 8(3), September.

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