Market Price and Supply of Farmland as a Means of Supporting the Wider Development of Sustainable Agricultural Production in Czechia (a Case Study)

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F23%3AN0000022" target="_blank" >RIV/04130081:_____/23:N0000022 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/60460709:41110/23:96272

Výsledek na webu

<a href="https://www.mdpi.com/2073-4395/13/8/1979" target="_blank" >https://www.mdpi.com/2073-4395/13/8/1979</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/agronomy13081979" target="_blank" >10.3390/agronomy13081979</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Market Price and Supply of Farmland as a Means of Supporting the Wider Development of Sustainable Agricultural Production in Czechia (a Case Study)

Popis výsledku v původním jazyce

The goal of this article is to predict the further development of the market price of farmland in Czechia. As part of this goal, the environmental and socio-economic factors affecting the quantity and quality of farmland and, subsequently, the amount of its market price will be discussed. In addition to the quality of the farmland, the market price of individual plots of land is influenced by a number of other factors, such as the size and shape of the plot, location, erosion risk, the concluded usufructuary lease agreements, competition from buyers in the vicinity, and other factors. The average market price of farmland in Czechia was 29.4 CZK/m2 in 2021, which represents an increase of 16.1% against the amount of 25.3 CZK/m2 in 2020. According to the results of the statistical analysis, it is possible to assume a constant increase in the prices of farmland precisely because of the ever-decreasing area of land intended for agricultural production. Another factor for the increase in prices can be increased inflation. In 2027, market prices for farmland could reach up to 40 CZK per m2. Nevertheless, Czechia is among the countries with the lowest market price of farmland; the price is even lower than in neighboring Poland or Spain. This also contributes to the fact that the market prices of farmland in Czechia are increasing at a relatively fast pace every year.

Název v anglickém jazyce

Market Price and Supply of Farmland as a Means of Supporting the Wider Development of Sustainable Agricultural Production in Czechia (a Case Study)

Popis výsledku anglicky

The goal of this article is to predict the further development of the market price of farmland in Czechia. As part of this goal, the environmental and socio-economic factors affecting the quantity and quality of farmland and, subsequently, the amount of its market price will be discussed. In addition to the quality of the farmland, the market price of individual plots of land is influenced by a number of other factors, such as the size and shape of the plot, location, erosion risk, the concluded usufructuary lease agreements, competition from buyers in the vicinity, and other factors. The average market price of farmland in Czechia was 29.4 CZK/m2 in 2021, which represents an increase of 16.1% against the amount of 25.3 CZK/m2 in 2020. According to the results of the statistical analysis, it is possible to assume a constant increase in the prices of farmland precisely because of the ever-decreasing area of land intended for agricultural production. Another factor for the increase in prices can be increased inflation. In 2027, market prices for farmland could reach up to 40 CZK per m2. Nevertheless, Czechia is among the countries with the lowest market price of farmland; the price is even lower than in neighboring Poland or Spain. This also contributes to the fact that the market prices of farmland in Czechia are increasing at a relatively fast pace every year.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2023

Kód důvěrnosti údajů

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

Název periodika

AGRONOMY-BASEL

ISSN

2073-4395

e-ISSN

2073-4395

Svazek periodika

13(8)

Číslo periodika v rámci svazku

1979

Stát vydavatele periodika

CH - Švýcarská konfederace

Počet stran výsledku

25

Strana od-do

1-25

Kód UT WoS článku

001056388100001

EID výsledku v databázi Scopus

2-s2.0-85168710449