Landowner classifications based on their objectives have been used to describe the heterogeneous group of landowners. As the accurate information on landowners preferences is essential in policy planning and evaluation of the effects of various policy instruments, there is a need to develop...

Traditional methods in agricultural economics and agricultural engineering have yielded mixed results when specifying the costs of an unfavourable parcel structure. Concepts related to travel costs and the production function are frequently applied when the costs of farming distant parcels are...

Capital gains taxes are likely to distort the market and resource allocations through so called “lock-in” effect, meaning discouraging trade transactions that trigger the tax payments. When it comes to agricultural land, the lock-in effect implies that the land ownership and active farming...

Capital gains taxes are likely to distort the market and resource allocations through so called “lock-in” effect, meaning discouraging trade transactions that trigger the tax payments. When it comes to agricultural land, the lock-in effect implies that the land ownership and active farming...

National forest programme (NFP) as a new forest policy tool, was launched in the Rio Summit in 1992. It emphasizes participation, delegation and inter-sectoral coordination. The adaptation of these principles in the forest policy in Finland, Norway and Sweden are discussed in this paper. The...

This article explores long-term land improvement (lime application) under land tenure insecurity on leased land. The dynamic optimisation problem is solved by a stochastic dynamic programming routine with known parameters for one-period returns and transition equations. The model parameters...