Price repression in the Slovak agricultural land market

Factors affecting the price of agricultural land in Slovakia

“…It is attested by the fact that the price of agricultural land is in the centre of attention of a number of authors, especially Spišiak and Švoňavec (1999), Duke et al (2004), Pavličková and Spišiak (2007), Bandlerová (2011), Buday and Grausová (2012), Takáč and Lazíková (2013). There are many publications that analysed the dependence of land prices on political, economic, legal, geographic, environmental and social factors such as farm income, population, credit availability and property tax rates (Devadoss and Manchu, 2007), land type (Feichtinger and Salhofer, 2013), productivity, parcel size, distance to large cities, population density and income (Huang et al, 2006), plot size, interest rate and the support payments (Latruffe et al, 2008), land quality, infrastructure and structural changes in agriculture (Pyykkönen, 2005), growing housing demand and infrastructural expansion (Swinnen et al, 2009), government payments (Vyn, 2006), farm production and government subsidies (Weersink et al, 1999).…”

Research on Farmers’ Willingness of Land Transfer Behavior Based on Food Security

“…Klaus U. Komp et al argued that worrying changes in regional food production and growing population require reliable land management tools to be designed and implemented [20]. Joshua Eleonoraetal (2004) [15] analysed the land transfer situation in Czechoslovakia and believed that the interference of government policies did not smooth land privatization, so that it did not reach the ideal state. He found that land transactions were not very common and that land concentration management was not effective, food security was not effectively guaranteed.Through field research in China, Dai and Qin [21] found many problems in the process of land transfer in China, such as imperfect land transfer markets, unsound land management systems, irregular circulation processes, short land circulation periods, unbalanced inter-regional circulation, the backwardness of farmers' thinking, imperfect intermediary service structures, lags in management department services, unclear land property rights systems in rural areas, and conversion of agricultural land to non-growing grain.…”

“…The results showed that age, education level, number of migrant workers, family income structure, non-agricultural employment capacity and the distance between the farmland and the city were significantly positively correlated with farmers' land outflow behaviour, but the degree of cultivated land incompleteness was significantly negatively correlated with rural land circulation. From the existing literature, the factors affecting the land transfer of farmers include the gender of the head of the household, education level, physical condition, marital status, farmers' ideology, family population, non-agricultural population ratio [61,62], determination of property rights [63], land location conditions, per capita income, social security [15], difficulty of finding a job, family labour force, non-agricultural income [64], degree of land fragmentation, land transfer income, farmers' expectations for the stability of land rights, agricultural technology application [65], whether there are intermediary organizations in the process of land transfer, changes in the rural production environment [66], whether farmers participate in social security, transaction price of land transfer, cost of land transfer [67], distance between the peasant(farmer) family and town [1,38], government policies [15,29]. These studies were based on the basic assumption that farmers, as the subject of behavioural decision-making, face an objective reality that is the basis for their decision-making.…”

“…However, as in other developing countries, there are still many problems with rural land transfer in China, such as farmers' concurrent operation of rural land, numerous disputes about rural land transfer [13], a lack of projects to drive rural land circulation, imperfect land service systems, and the low efficiency of rural land circulation [14,15], non-grainization and non-agriculturalization of farmland [16]. The root of the problem lies in the fact that the transfer of rural land is, in fact, the transfer of contractual land management rights between two parties, which is a process of transfer from the source of the rural land transfer to the object receiving the land.…”

Land Market and Price of the Agricultural Land after the End of the Transitional Period

“…The data on the market prices of agricultural land were obtained from the Research Institute of Agriculture and Food Economics. The comparison of prices on the Slovak agricultural land market is in the centre of attention of several authors, inter alia Bandlerová (2006), Buday and Grausová (2012), Duke et al (2004), Pavličková and Spišiak (2007), After the end of the transition period for the purchase of the agricultural land by foreigners, the legislation regulating the acquisition of the agricultural land was adopted for the purpose of harmonization of the Slovak legislation with the legislation of the European Union. The Law no.…”