The Price of Farmland as a Factor in the Sustainable Development of Czech Agriculture (A Case Study)

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A81946" target="_blank" >RIV/60460709:41110/20:81946 - isvavai.cz</a>

Result on the web

<a href="https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwi7y7-E19brAhWRTBUIHarjBw4QFjABegQIAxAB&url=https%3A%2F%2Fwww.mdpi.com%2F2071-1050%2F12%2F14%2F5622%2Fpdf&usg=AOvVaw1Q2_74B0udHU8VSq3n1j-1" target="_blank" >https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwi7y7-E19brAhWRTBUIHarjBw4QFjABegQIAxAB&url=https%3A%2F%2Fwww.mdpi.com%2F2071-1050%2F12%2F14%2F5622%2Fpdf&usg=AOvVaw1Q2_74B0udHU8VSq3n1j-1</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/su12145622" target="_blank" >10.3390/su12145622</a>

Result language

angličtina

Original language name

The Price of Farmland as a Factor in the Sustainable Development of Czech Agriculture (A Case Study)

Original language description

Each year, around 2% of the four million hectares of farmland in Czechia changes owners. However, after years of significant growth in prices, a slowdown in pace and demand is expected. Rising interest rates, a strengthening of the crown and legislative changes in 2018 have influenced the price of farmland. Yet the prices of farmland in Czechia are a third of those in the countries of Western Europe, and so it still represents an interesting opportunity for investors. Currently, land is bought primarily by the farmers who work it. In Czechia, 80% of farmers farm on hired land, and rent increases are starting to be an issue for many of them. The return on the investment in agricultural land is currently around 50 years for an owner and 25 years for a farmer working the land. As research has shown, the price of farmland is an important factor in the sustainable development of agriculture in Czechia, along with the greening of production and the fight against soil erosion and the effects of climate chan

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Sustainability

ISSN

2071-1050

e-ISSN

2071-1050

Volume of the periodical

12

Issue of the periodical within the volume

14

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

16

Pages from-to

1-16

UT code for WoS article

000554099700001

EID of the result in the Scopus database

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