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The creation of optimal land institutions attracted renewed attention in the 1990s because of its central role in the transition process in former Communist countries in the former Soviet Union and Eastern Europe and more recently because of largescale land investments in developing countries....
Persistent link: https://www.econbiz.de/10011419199
Land regulations have a major impact on economic development, especially in agrarian societies, and they continue to affect the efficiency of the rural economy when economies further develop. This paper aims to give an overview of the regulations that are present in the land market in the EU...
Persistent link: https://www.econbiz.de/10011419211
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011496057
Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. The present paper analyses how the...
Persistent link: https://www.econbiz.de/10011496148
As recently as a century ago, one out of two people in Europe was employed in the agricultural sector. Today agriculture represents only a small fraction of total employment in most EU member states. What makes this decline in agricultural employment even more striking is that this evolution has...
Persistent link: https://www.econbiz.de/10010313356
Changes in global food prices have affected EU producers and consumers and have triggered policy reactions through the EU's political process. In particular, the EU and member states responded by social policies to protect their consumers, attempts to regulate 'speculation' on agricultural...
Persistent link: https://www.econbiz.de/10010319904
Persistent link: https://www.econbiz.de/10010313238
This paper analyzes how imperfections of property rights affect allocation of assets and welfare, using micro-survey data from Bulgaria. Co-ownership of assets is widespread in many countries due to inheritance. Central and Eastern Europe offers an interesting natural experiment to assess the...
Persistent link: https://www.econbiz.de/10010313285
Persistent link: https://www.econbiz.de/10010313319
Decoupled direct payments were introduced in the EU in form of the Single Payment Scheme (SPS) in 2005. The 2013 CAP reform changed both the implementation of the SPS and its budget. We assess the possible effects of the 2013 CAP reform on EU land markets; in particular the capitalization of the...
Persistent link: https://www.econbiz.de/10011496211