The Effects of Defective Spatial Structure on the Agricultural Property Market
The Effects of Defective Spatial Structure on the Agricultural Property Market
Author(s): Anna Bielska, Tomasz Budzyński, Wioleta KrupowiczSubject(s): Economy, Micro-Economics, Financial Markets, Socio-Economic Research
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: market prices of agricultural land; defective spatial structure; statistical analyses
Summary/Abstract: Rural areas in Poland are distinguished by one of the worst spatial structures of individual land properties in the European Union. The least favourable structure occurs in the southern and south-eastern part of the country, where it results in farms losing 20-30% of their agricultural revenue. The bad spatial organisation of land is also reflected in transaction prices obtained for agricultural land. Considering criteria such as: land management, parcel area, width, and elongation (length to width ratio), and soil bonitation value, this paper determines the effect of each of the criteria separately on the development of transaction prices of agricultural land in the years 2009-2014 in selected villages in the southern part of the Cegłów (Mińsk district, Mazowieckie province), distinguished by the unfavourable spatial structure of agricultural land. Meeting this objective involved the application of the analytical capacity of the Geographic Information Systems (GIS), cadastral data base, soil-agricultural map vector, study of the conditions and directions of the spatial management of the Cegłów area, and the property price and value register. The obtained study results suggest that in areas with particularly defective spatial structure, land with parameters permitting its efficient use, i.e. with proper width and elongation is particularly valuable. Another parameter determining the level of obtained prices is the bonitation value, although it is of less importance for the analysed area than for agricultural areas with proper management conditions.
Journal: Folia Oeconomica Stetinensia
- Issue Year: 15/2015
- Issue No: 1
- Page Range: 174-191
- Page Count: 18
- Language: English