In this article, we analyze competition for agricultural land as an important, scarce and immobile input. The cost of cultivating a parcel of land depends strongly on the distance from the farmer to the plot, leading to spatially small land markets. To investigate this issue, we are able to use...

As a response to local environmental regulations, it is prevalent to observe the relocations of polluting firms across cities. We provide the first piece of evidence of the within-city relocations of polluting plants through the spatial distribution of industrial land. We use the unique setting...

We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which affects land markets in non-trivial ways....

We review the recent theoretical and empirical literature on the capitalization of agricultural subsidies into land prices. The theoretical literature predicts that agricultural subsidies are capitalized into land prices when land supply is inelastic and land markets function well. The share of...

Dieses Gutachten im Auftrag des Freistaats Bayern basiert auf einem Fragenkatalog des Bayerischen Landtags zu Entwicklungen und Handlungsoptionen auf dem landwirtschaftlichen Bodenmarkt in Bayern. Die Fragen werden aus agrarökonomischer und rechtswissenschaftlicher Perspektive beantwortet. Eine...

The marketization of agricultural land affects the average land productivity not only through improving land allocation efficiency but also through reducing land price under the perfect market. The effect of the improvement of land allocation efficiency on the average land productivity is...

In this article, we analyze competition for agricultural land as an important, scarce and immobile input. The cost of cultivating a parcel of land depends strongly on the distance from the farmer to the plot, leading to spatially small land markets. To investigate this issue, we are able to use...

This research paper uses a systematic mapping protocol to explore the quantity of existing evidences that deals with large scale land investments and land markets. The results show that between 2010 and 2017, the number of peer-reviewed research articles that deal with large scale land...

We present an urban land use model with land registration decisions and potential ethnic matching between buyers and sellers of informal land. We use the model to study the market failures associated with land tenure insecurity and information asymmetry regarding risks of contested land...

Dieses Gutachten im Auftrag des Freistaats Bayern basiert auf einem Fragenkatalog des Bayerischen Landtags zu Entwicklungen und Handlungsoptionen auf dem landwirtschaftlichen Bodenmarkt in Bayern. Die Fragen werden aus agrarökonomischer und rechtswissenschaftlicher Perspektive beantwortet. Eine...

This paper studies the effect of state-owned enterprises on resource misallocation. Using a unique dataset by matching millions of records of land transaction, administrative records of business registration, and night light intensity data, and adopting a novel causal identification strategy, we...

Using a sample of one million land transactions in China from 2006 to 2013, I find that the average price of publicly auctioned residential land is nine times higher than the price of adjacent local government-designated industrial land. An industry in a city receiving greater industrial land...

After land prices in Germany increased continuously since 2006, policy makers, representatives of farmers' unions, NGOs, and farmers started and continued to discuss or propose new land market regulations to stop price increases and to protect particularly smaller farmers. In this paper we...

Die Bodenmarktstatistiken - das sind die Statistiken der Kaufwerte für Bauland und der Kaufwerte für landwirtschaftliche Grundstücke - bestehen seit mehreren Jahrzehnten. Neue europäische Anforderungen im Agrarstatistiksektor haben zu einer Überarbeitung sowohl der Abgrenzungen als auch der...

Die Bodenmarktstatistiken - das sind die Statistiken der Kaufwerte für Bauland und der Kaufwerte für landwirtschaftliche Grundstücke - bestehen seit mehreren Jahrzehnten. Neue europäische Anforderungen im Agrarstatistiksektor haben zu einer Überarbeitung sowohl der Abgrenzungen als auch der...

This paper shows that using yields may not be informative of the relationship between farm size and productivity in the context of small-scale farming. This occurs because, in addition to productivity, yields pick up size-dependent market distortions and decreasing returns to scale. As a result,...

Ireland suffers from very low levels of farmland mobility by European standards. This paper examines the role of attitudes in farmers' openness toward land transactions using a nationally representative survey of Irish farmers across the major farm systems. The results show that attitudinal...

Real Estate Exchange as to widen the scope of market, facilitate easy trading to avoid wide fluctuations in the market. The exchange would also enable price discovery through efficient allocation and distribution of resources. Real Estate exchange is the need of the hour. It would widen the...

Farm size and land allocation are important factors in explaining lagging agricultural productivity in developing countries. This paper examines the effect of land market imperfections on land allocation across farmers and aggregate agricultural productivity. We develop a theoretical framework...

Using transactions conducted by publicly listed firms in China’s primary land market during 2000-2012 as a case study, we confirm that political connections are essentially corruption. By constructing unique measures to partial out the key factors confounding political connections, namely...

Housing and land prices in China have experienced dramatic hikes over the past decade or two. Moreover, housing and land prices have also become more dispersed across Chinese cities. This paper intends to explore how housing and land market frictions may affect not only the aggregate but also...

This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In the model, heterogeneous firms in a variety of sectors choose their locations across regions with costly trade, frictional labor migration, and land market distortions. We match...

The Coase theorem emphasizes the role transactions costs play in efficient market outcomes. We document inefficient outcomes, in the presence of a transactions cost, in southern California land markets and the corresponding transition to efficient outcomes after the transactions cost is...

We introduce an empirical framework for valuing markets in environmental offsets. Using newly-collected data on wetland conservation and offsets, we apply this framework to evaluate a set of decentralized markets in Florida, where land developers purchase offsets from a small number of...

We review the recent theoretical and empirical literature on the capitalization of agricultural subsidies into land prices. The theoretical literature predicts that agricultural subsidies are capitalized into land prices when land supply is inelastic and land markets function well. The share of...

This paper proposes a spatial equilibrium model to quantify welfare losses from land market distortions in China. In the model, heterogeneous firms in a variety of sectors choose their locations across regions with costly trade, frictional labor migration, and land market distortions. We match...

In the absence of concise conceptualization of planning and land use management strategies, the scope of their discussion in literature has been wide, with different nomenclature for almost similar concepts. This paper attempts to provide an overview of the models and tools used for land...

The process to introduce the idea of land readjustment to a number of Asian developing countries-mainly sponsored by the Japanese government-has been one of the most significant international collaborations in urban planning in the twentieth century. When such processes succeed, they can replace...