1999 Fiscal Year Final Research Report Summary
Economic Reforms and Agricultural Development in Poland and Hungary
| Project/Area Number |
10660208
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Agro-economics
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| Research Institution | KOBE UNIVERSITY |
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Principal Investigator |
HONDAI Susumu Kobe University, Professor, 国際協力研究科, 教授 (70138569)
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| Project Period (FY) |
1998 – 1999
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| Keywords | Economic reform in Eastern Europe / Process of reforms / Agricultural Property Agency / Terms of trade / Flow of labor from rural areas / Land transaction and restrictions / Production function of private farms / Marginal productivity of land and land prices |
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| Research Abstract |
In the process of economic reform in Poland, the Agricultural Property Agency (APA) took up almost all land and other properties from the former state owned farms by 1996. Then it has been trying to sale out the land to create viable farmers to be competitive with the farmers in EU countries. But the results are far from its major objective. More than 60 percent of the land obtained by APA has been rented out and only 5.4 percent has been sold to the private sectors.
To find out the reason why a major part of land has been rented out, this study compared sales prices of land owned by APA and its rental prices with its present values in terms of productivity in agricultural use. The analysis using the time-series data shows that the sales prices are slightly lower than the present values based on productivity except in 1994. In this case, the farmers willing to buy land for agricultural use can pay back money because the present values are higher than the sales prices. But an analysis indicates that the sales prices are significantly higher than the rental prices and that renting land is more economical than purchasing land for prospective lease-holders. This result explains the above stated situations of land sales and renting-out of land from APA.
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