WAYS TO IMPROVE LAND ASSESSMENT METHODS IN AZERBAIJAN
WAYS TO IMPROVE LAND ASSESSMENT METHODS IN AZERBAIJAN

Summary/Abstract: Motives: The article examines various approaches to improving the assessment of agricultural landin Azerbaijan. The quality, potential productivity, and normative price (value in monetary terms)of farmland need to be determined to increase production and competitiveness of agriculturalproducts, to establish favourable land relations that meet modern requirements, and to promoteefficient land use. The existing methods of assessing the quality and economic value of farmland forthe needs of the land cadastre and determining the normative prices of land do not fully correspondto reality. Different and often contradictory approaches to land assessment have been proposed.Aim: The aim of this study was to optimize the methods of assessing the quality and economicvalue of agricultural land, determining the normative prices of land, and evaluating potential landproductivity in view of modern requirements.Results: Improvements in land valuation will promote reliable assessments of agricultural developmentand the establishment of efficient farming systems; they will improve agricultural land-use efficiencyand reliable determination of normative prices in market transactions involving agricultural property.These methods can be widely used to plan agricultural production, evaluate the operations of varioustypes of farms, improve remuneration policies in the farming sector, determine the optimal scopeof farming operations in view of natural conditions and economic factors, and resolve other issuesto promote the development of agricultural production.

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