Year 2017, Volume 2, Issue 1

Year : 2017
Volume : 2
Issue : 1
Authors : Renata MARKS-BIELSKA
Abstract : The aim of the paper has been to diagnose factors determining agricultural land prices, classifying them and determining which of them plays the most important role. The considerations were based on selected subject literature, the results of researches conducted by other authors, as well as analysis of statistical data from the Central Statistical Office of Poland and Eurostat. Factors determining agricultural land prices in Poland can be divided into two groups: 2) Market: supply and demand for agricultural land allotted to agricultural production; supply and demand for agricultural land that can be, in compliance with the binding law, allotted to purposes other than agricultural; simultaneous functioning of two market segments - private (on which a majority of land trading is conducted among farmers) as well as the state market segment – the Stock of Agricultural Property of the State Treasury managed, on behalf of the owner - the State Treasury, by the state institution - the Agricultural Property Agency; profitability of agricultural production. 2) Non-market: historical conditions – dominance of private property in Polish agriculture, both in the market economy and in the previous economic system; tradition, culture - passing farms from generation to generation; Poland’s accession to the European Union and covering Polish farmers with common agricultural policy instruments; ending the transitional period of purchasing Polish agricultural properties by foreigners on 1 May 2016. After this period, the hitherto limitations (special permits) for foreigners in purchasing agricultural properties in Poland were lifted.
For citation : Marks-Bielska, R. (2017). Conditions of agricultural land prices development in Poland. AGROFOR International Journal, Volume 2. Issue No. 1. pp. 109-118. DOI: 10.7251/AGRENG1701109M
Keywords : Agricultural Property Agency (APA), price of agricultural land, agricultural land market
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