Factors affecting farmland prices in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41330%2F13%3A60947" target="_blank" >RIV/60460709:41330/13:60947 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Factors affecting farmland prices in the Czech Republic
Original language description
The spatial variability of farmland prices is determined by factors reflecting agricultural use, and also by location-specific characteristics, which are crucial to the conversion of farmland to non-farming uses. In co-operation with experienced real-estate brokers, we collected data from 286 transactions carried out in 2008. We identified factors to be analyzed at the parcel scale and tested their effect on the variability of farmland prices in the Czech Republic using general linear modelling. Our results indicate that the most powerful factor in explaining the sale price per square metre was proximity to a settlement, and significantly higher prices were found close to existing built-up areas. The next most powerful factors were: municipality population, travel time to the capital city, accessibility of the parcel, and natural soil fertility. The results have been interpreted to determine the threshold values for significant factors that support future non-agricultural use of farmla
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
GA - Agricultural economics
OECD FORD branch
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Project
<a href="/en/project/QH82162" target="_blank" >QH82162: The possibilities of farmland ownership defragmentation</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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