Analysis of factors influencing standard farmland values with regard to stronger interventions in the German farmland market

Lehn, F. Heinrich; Bahrs, Enno

doi:10.1016/j.landusepol.2018.01.020

Cited by 31 publications

(40 citation statements)

References 30 publications

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“…defined as the proximity to big cities or tourist areas), it has a significantly negative effect on expansion strategies. This may be due to the fact that land prices are high around urban areas (Hennig & Latacz‐Lohmann, 2017; Lehn & Bahrs, 2018) and expansion activities usually require space and remote surroundings. At the same time, a central location decreases the probability of pursuing a reduction strategy.…”

Section: Resultsmentioning

confidence: 99%

“…In contrast to this, Goetz and Debertin (2001) detected an accelerating effect on exit rates. This may be due to the reason that especially in proximity to urban areas land prices are high (Hennig & Latacz‐Lohmann, 2017; Lehn & Bahrs, 2018) constituting poor conditions for expansion strategies as structural decisions are considerably determined by the competitiveness of farms on the land market (Huettel & Margarian, 2009).…”

Section: Conceptual Frameworkmentioning

confidence: 99%

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Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Graskemper

Feil

2021

Agribusiness

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Entrepreneurship in agriculture is a phenomenon that is growing in importance with the changing framework conditions for agricultural production and has led to heterogeneity in farm business development paths. To understand this phenomenon better, a classification scheme for strategic entrepreneurial choices in agriculture is developed for family farmers. The choices that are scrutinized are reduction, continuation, expansion, diversification, and the dual strategy of expansion and diversification. Each farmer is uniquely assigned to one of these choice classes according to their implemented entrepreneurial activities. Determinants influencing these choices are investigated with a multinomial logit model. The data are derived from a quantitative survey among German farmers (N = 745). Strong effects are observable within the area of personal factors; creativity and risk affinity benefit entrepreneurial strategies connected with diversification. Farmers with a third‐level education qualification are less likely to follow expansion strategies, and those with off‐farm employment and risk‐averse farmers mainly choose a reduction strategy. Family involvement, especially the farmer's spouse, proves to have stabilizing and even enhancing effects on certain strategies. Implications for policymakers and actors within the agricultural sector can thus be derived.

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Section: Resultsmentioning

confidence: 99%

Section: Conceptual Frameworkmentioning

confidence: 99%

Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Graskemper

Feil

2021

Agribusiness

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“…Developers in particular may expect to have land converted to other uses than agriculture. Lehn and Bahrs [14] divided the factors that affect agricultural land prices into four categories: land factors (average slope, soil quality); farm factors (farm size, livestock density); environmental policy-related factors (ratio of protected lot size to total lot size, density of wind turbines); and urban sprawl (population density, distance to nearest urban area). The results show that the factors influencing agricultural land prices are not limited to land factors, but include neighborhood and locational factors such as the population in an urban or rural area and the accessibility of a location.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Borchers, Ifft and Kuethe [25] categorized nonagricultural land factors, such as population density, into population and urban influence. In summary, the needs of rising populations will affect land use sizes and, subsequently, agricultural land prices [7,14,25]. In this study, population density was treated as a continuous variable that reflects the degree of urbanization.…”

Section: Second-level Independent Variablesmentioning

confidence: 99%

Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan

Lee

Chen

et al. 2020

Land

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In 2000, to efficiently implement land-use policies, the Taiwanese government amended the Agricultural Development Act by easing restrictions on agricultural land purchases. As a result of increasing land development and investment needs, agricultural land prices have surged. This study aims to examine whether agricultural land prices in Pingtung County are affected by land control policy measures, the pressure of agricultural land conversion and the degree of urbanization. A multilevel analysis approach was used to analyze land price differences in townships in Pingtung County. The estimation results derived from the null model indicated significant differences between the mean land price in each administrative division. Specifically, the ratio of agricultural land prices affected by differences in Level 2 township-related factors was 21.8%, while the ratio of those affected by differences in Level 1 land-related factors was 78.2%. An empirical intercepts-and-slopes-as-outcomes regression model demonstrated that Level 2 township-related factors, such as the pressure of agricultural land conversion and the degree of urbanization, had cross-level, direct and positive impacts on agricultural land prices; while Level 1 land-related factors, such as lot size control measures on farmhouse construction and land-use zoning, had positive and significant impacts on agricultural land prices.

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“…The significant rise in agricultural land prices has led to discussions about the need for more intensive interventions in agricultural land markets. However, changed or new interventions in agricultural land markets should be based on previous analyses of the factors causing the price differences (Lehn and Bahrs, 2018). Ferguson, Furtan and Carlberg (2006) state that one of the ubiquitous forms of agricultural regulation is the restriction of ownership of agricultural land.…”

Section: Introductionmentioning

confidence: 99%

Land Pricing Model: Price Re-evaluation Due to the Erosion and Climate Change Effects

Slaboch

Čechura

2020

AOL

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The aim of this study is to derive and apply the hedonic approach for determining and updating official land prices with respect to e.g. the impact of climate change that has occurred in the conditions of the Czech Republic in recent years. Pricing using the hedonic method is based on capturing individual factors separately. The evaluated soil ecological unit code consists of a 5-digit numerical code, which expresses the affiliation to the climate region (0-9, see table 1), the main soil unit (0-78), the slope of the land and the orientation to the point of the compass (0-9) and also the depth of the soil profile and skeletality (0-9). The derived hedonic pricing model is estimated using heteroscedasticity corrected estimator. The fitted model shows considerably high explanatory power and together with high parameter significance for majority of dummy variables (soil characteristics) as well as with theoretical and logical consistency represent a tool for new official land price settings in the process of land reevaluation due to the erosion and climate change effects.

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Analysis of factors influencing standard farmland values with regard to stronger interventions in the German farmland market

Cited by 31 publications

References 30 publications

Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Analyzing strategic entrepreneurial choices in agriculture—Empirical evidence from Germany

Multilevel Analysis of the Pressure of Agricultural Land Conversion, Degree of Urbanization and Agricultural Land Prices in Taiwan

Land Pricing Model: Price Re-evaluation Due to the Erosion and Climate Change Effects

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