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Provedor de dados:  AgEcon
País:  United States
Título:  A Panel Data Analysis of the Determinants of Farmland Price: An Application to the Effects of the 1992 Cap Reform in Belgium
Autores:  Duvivier, Romain
Gaspart, Frederic
Frahan, Bruno Henry de
Data:  2005-09-28
Ano:  2005
Palavras-chave:  Farmland price
Land market
Common Agricultural Policy
Capitalization of agricultural support
Agricultural and Food Policy
Land Economics/Use
Q10
Q15
Q18
Resumo:  This study identifies the effects of the 1992 and subsequent CAP reforms on arable farmland price in Belgium. We first propose a brief literature review of studies identifying the determinants of farmland price. Afterwards, we use a panel data set to estimate a capitalization model of farmland price. We first show that the compensatory payments introduce by the 1992 CAP reform exert a positive effect on the arable farmland price in Belgium. We also identify a structural break in the land price equation after the adoption of the new support instruments as well as a regional break between Wallonia and Flanders.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  17746

http://purl.umn.edu/24577
Editor:  AgEcon Search
Relação:  European Association of Agricultural Economists>2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
Contributed Paper
Formato:  16

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