The Capitalisation of Fixed per hectare Payment into Land Rental Prices: a Spatial Econometric Analysis of Regions in EU

Following the decoupling of agricultural support from productions, the likelihood that payments get capitalised into farmland rent or sale prices has increased. In this study, the issue of capitalisation is examined for the case of regions in the EU and the three year (2006-2008) time span following the introduction of the reform is considered in an attempt to disentangle the effect of the decoupling. Evidence put forward in this study confirms the results of previous literature at the micro-level, suggesting that an additional 1% granted to farmers translates into an increase of 0.22% in farmland rents.


Editor(s):
None
Issue Date:
2014
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/173093
Total Pages:
10
JEL Codes:
Q18




 Record created 2017-04-01, last modified 2017-04-26

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