Features of the formation of agricultural land value in the European countries
DOI:
https://doi.org/10.31548/zemleustriy2017.04.084Abstract
The influence of the Common Agricultural Policy (CAP) on the agricultural sector of the European Union (EU) has been studied. The specifics of the formation and comparison of the calculated (by the method of capitalization of net operating or rent income) and the market value of agricultural land in Europe and the Netherlands, in particular, are justified.
Keywords: agricultural land, value, the land market, the European Union, the Common Agricultural Policy.
References
Hlosarii terminiv Yevropeiskoho Soiuzu [Glossary of the EU definitions], (2004). Available at: http://europa.dovidka.com.ua/s.html#_Common_Agricultural_Policy.
Makhnova Yu.M. (2014). Napriamy realizatsii spilnoi polityky ES v haluzi silskoho hospodarstva v ramkakh stratehii «Ievropa 2020» [Ways of realization of the common policy of the EU in agricultural sphere within “Europe 2020” Strategy]. Herald of the Kharkiv National University of V.N. Karazin: journal. T. 1, № 1144. P. 114-119.
Nizalov D., Nivievskyi O., Prokopenko O. (2016). Tsiny na zemliu ta obsiah rynku: na shcho ochikuvaty v Ukraini [Land prices and market volume: what can be expected in Uraine]. Available at: https://voxukraine.org/2016/01/18/land-prices-and-size-of-the-market-what-to-expect-for-ukraine-ua/#/.
EU agricultural income 2014 – first estimates, (2014). Available at: http://ec.europa.eu/agriculture/rural-area-economics/briefs/pdf/003_en.pdf.
EU agriculture spending focused on results, (2015). Available at: http://ec.europa.eu/agriculture/cap-funding/pdf/cap-spending-09-2015_en.pdf.
European Commission (2016). Agricultural Land Prices and Rents data for the European Union: Research paper. Available at: http://ec.europa.eu/eurostat/documents/749240/749310/Research+Paper+-+Agricultural+Land+Prices+and+Rents+data+for+the+European+Union%2C+December+2016/15fad00e-6f46-4ee1-9c36-5bfc325b2384.
European Commission (2017). CAP explained, direct payments for farmers 2015-2020. Available at: https://ec.europa.eu/agriculture/sites/agriculture/files/direct-support/direct-payments/docs/direct-payments-schemes_en.pdf.
European Commission (2014). EU cereal farms report 2013 based on FADN data. Available at: http://ec.europa.eu/agriculture/rica/pdf/cereal_report_2013_final.pdf.
Food and Agriculture Organization of the United Nations (2017). FAOSTAT. Available at: http://www.fao.org/faostat/en/#data/QC.
How many people work in agriculture in the European Union (2013) Available at: http://ec.europa.eu/agriculture/rural-area-economics/briefs/pdf/08_en.pdf.
Implementation of CAP reform in England (2013). Available at: https://consult.defra.gov.uk/agricultural-policy/cap-consultation/supporting_documents/131022%20CAP%20reform%20consultation%20full%20doc%20%20Final.pdf.
Kleinhanss W., Offermann F., Butault J.-P., Surry Y. (2011). Cost of production estimates for wheat, milk and pigs in selected EU member states. Available at: http://literatur.thuenen.de/digbib_extern/dn049633.pdf.
RREEF (2012). Global Real Estate Strategic Outlook. Available at: http://realestate.deutscheam.com/content/_media/RREEF_Real_Estate_Global_Real_Estate_Strategic_Outlook_April_2012.pdf.
Downloads
Published
Issue
Section
License
Relationship between right holders and users shall be governed by the terms of the license Creative Commons Attribution – non-commercial – Distribution On Same Conditions 4.0 international (CC BY-NC-SA 4.0):https://creativecommons.org/licenses/by-nc-sa/4.0/deed.uk
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).