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- Title
Regionális különbségek és árkonvergencia a visegrádi országok termôföldpiacán.
- Authors
Pál, Sôreg Ádám; Tamás, Naár Antal
- Abstract
Twelve years after the Visegrad countries' accession to the European Union, the question of whether total price convergence can be achieved between the land market of new and old member states remains open. Over the past decade and a half, the agricultural land market of the new East European accession states could have been characterized by quite a vivid turnover of land and also a dynamic increase of market prices compared to the inner market of old EU members. Present study aims at exploring and analysing in detail the main drivers of the latter tendency. The authors present the overall effect of different production structures, land market regulation and macroeconomic tendencies on agricultural land prices of the Visegrad countries. Besides dealing with the countrywide changes and some underlying reasons, they find explanations for the difference in value emerging on regional and county-provincial levels. Regarding the fact that agricultural land supply and demand are strongly connected to fixed locations, regional price changes are reproduced by creating a multiple linear regression model composed of indicators expressing the local development of the agricultural sector and the entire economic system.
- Publication
Hungarian Statistical Review / Statisztikai Szemle, 2017, Vol 95, Issue 4, p349
- ISSN
0039-0690
- Publication type
Article
- DOI
10.20311/stat2017.04.hu0349