This paper shows how agent-based stochastic approaches can provide a complementary and more flexible approach to study investment incentives and price dynamics in a real options framework. We particularly study the case of two-stage production chains in which one sector produces an intermediate...

Although determinants of agricultural land prices have received considerable attention in the literature, little is known about price formation on structured markets such as land auctions. This paper aims to empirically test theoretical predictions regarding price formation in land market...

Dieses Discussion Paper enthält die Kurzfassungen der Beiträge, die im Rahmen des Workshops zur Agrarentwicklung in Mittel- und Osteuropa für Doktoranden und Post-Doc's vorgestellt und diskutiert werden sollen. Dieser Workshop findet zum dritten Mal, vom 11. bis 13. Juli 2005, am IAMO statt,...

Since the late 1980s, agriculture in Central and Eastern European Countries (CEECs) has been under considerable adjustment pressure due to changing political, economic and institutional environments. These changes have been linked to the transition process, as well as the ongoing integration...

This study analyses the determinants of labour force transition to inactivity in the German labour market. Using German Labour Force Survey data the influence on the transition flow to inactivity of factors such as age, education, marital status, sex and registration with the public employment...

This paper presents a dynamic perspective on the processes of farm restructuring following farm acquisitions by large-scale agroholdings in Ukraine. In particular, the paper employs a large dataset of farm-level data and several quantitative techniques to explore how the acquired farms’...

Zahlreiche landwirtschaftliche Unternehmen in Deutschland waren in den letzten Jahren mit teilweise gravierenden Zahlungsschwierigkeiten als Folge von preis- und wetterbedingten Ertragsverlusten konfrontiert. Zur Liquiditätssicherung wurden und werden mitunter Agrarflächen verkauft und...

This paper analyses how different types of buyers affect the farmland price. We specify a flexible hedonic land pricing model that allows for non-uniform valuation of land characteristics among buyers. Data on 579 land sale contracts from five districts of the Czech Republic from 2008-2010 are...

We provide explorative insights on how farms which manage strong and successful growth affect farms in their neighbourhoods through spatial competition for land. The study is based on an exploratory analysis of repeated framed experiments within the business game FarmAgriPoliS (Appel & Balmann,...

Since the research agenda on agroholdings and mega-farms was elaborated in the 2017 special issue of IFAMA, much has been learned about structure, performance and management of these farming systems. Despite doubts about the sustainability of these farming systems, they have evolved and even...