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. This is the first paper that analyzes the possible effects of the 2013 CAP reform on the EU land markets; in...

This paper explores how the initial farm size structure affects the exit decision of farms inducing free land capacities, and the allocation of the newly available land resources to the remaining farms in a particular region. We model an agricultural market where large and small firms first...

Farmers in peri-urban regions face many problems, among which land scarcity is a major one according to literature. However, as indicated by a survey among farmers in the peri-urban region around Brussels, land scarcity is not perceived as a problem by all farmers to the same extent. Based on...

The importance of agriculture is decreasing all over the world. The aim of the paper is to compare the ownership structure and land use in some selected former Central and Eastern European countries. The property structure and land use is in dichotomy, the production is performed simultaneously...

The purpose of the study was to find out the factors affecting farmland prices in Finland. A hedonic pricing model that takes into account the presence of spatial dependence was applied for a very large sales price data (6 281 observations). The results confirmed the importance of land quality...

This paper develops a disequilibrium model of land prices in the Netherlands. It shows that the behaviour of traded quantities and prices of Dutch land have some resemblance with a disequilibrium land market model developed by Søgaard. An error correction model based on Søgaard’s model...

This paper provides micro-analyses of land market development after two decades of Albanian transition. We use data from a survey conducted in four Albanian villages during May 2013. The results indicate that land markets are highly rigid with almost no structural changes took place over the...

This is the first paper which empirically estimates the capitalization of the Single Payment Scheme (SPS) into land values. Although, the Single Payment Scheme (SPS) is the largest expenditure category in the EU budget, the distributional impacts between land users and land owners have not been...

The paper investigates the current situation with fragmentation of family farms in Moldova and its effects on family well-being and farm productivity. A key hypothesis is that consolidation of agricultural land in Moldova has beneficial effects in terms of productivity and is desirable in the...

In German agriculture structural change is mainly a result of the outmigration of smaller farms from the sector. The decisions of these farmers to leave or stay in the sector, are not based solely on financial data and market expectations. Other aspects are important such as the preservation of...