Data/hora: 05/06/2024 02:13:59

Provedor de dados: | 31
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&gt;2005 International Congress, August 23-27, 2005, Copenhagen, Denmark

Contributed Paper

Formato:

16

application/pdf