IDEAS home Printed from https://ideas.repec.org/a/gam/jagris/v11y2021i5p388-d543110.html
   My bibliography  Save this article

Increase in the Value of Agricultural Parcels—Modelling and Simulation of the Effects of Land Consolidation Project

Author

Listed:
  • Mariusz Dacko

    (Department of Economics and Food Economy, University of Agriculture in Krakow, al. Mickiewicza 21, 31-120 Krakow, Poland)

  • Tomasz Wojewodzic

    (Department of Economics and Food Economy, University of Agriculture in Krakow, al. Mickiewicza 21, 31-120 Krakow, Poland)

  • Jacek Pijanowski

    (Department of Agricultural Land Surveying, Cadastre and Photogrammetry, University of Agriculture in Krakow, ul Balicka 253 a, 30-198 Krakow, Poland)

  • Jarosław Taszakowski

    (Department of Agricultural Land Surveying, Cadastre and Photogrammetry, University of Agriculture in Krakow, ul Balicka 253 a, 30-198 Krakow, Poland)

  • Aneta Dacko

    (Department of Agricultural Land Surveying, Cadastre and Photogrammetry, University of Agriculture in Krakow, ul Balicka 253 a, 30-198 Krakow, Poland)

  • Jarosław Janus

    (Department of Agricultural Land Surveying, Cadastre and Photogrammetry, University of Agriculture in Krakow, ul Balicka 253 a, 30-198 Krakow, Poland)

Abstract

In the theory and practice of valuation, it is commonly accepted that the key feature determining the value of agricultural land is its location, both general and in a specific part (zone) of a village. The model approach used in the present study can provide the answer to the question of how to maximize the value of agricultural land as part of a conducted arrangement, agricultural works. The study used data on the market sale of agricultural parcels in 10 Polish municipalities. Each parcel was described using a set of features (parameters) that were key to its value and entered into a database. Using the database, two statistical models were built: a multiple regression analysis model (MRA) and an artificial neural network model (ANN). The studies conducted have shown that changes in such features as surface area, shape, and access to a public road were accompanied by significant changes in the market values of parcels. Another important observation was that potential decreases in the value of agricultural parcels as a result of changes in their surface areas were offset (where it was reasonable) by the elimination of their excessive elongation and providing them with an access to a public road. Based on the findings, it has been concluded that change in land value should be considered one of the effects of executed land consolidation projects (LCP), during which the parameters of agricultural parcels are subject to the biggest changes.

Suggested Citation

  • Mariusz Dacko & Tomasz Wojewodzic & Jacek Pijanowski & Jarosław Taszakowski & Aneta Dacko & Jarosław Janus, 2021. "Increase in the Value of Agricultural Parcels—Modelling and Simulation of the Effects of Land Consolidation Project," Agriculture, MDPI, vol. 11(5), pages 1-14, April.
    • Handle: RePEc:gam:jagris:v:11:y:2021:i:5:p:388-:d:543110
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2077-0472/11/5/388/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2077-0472/11/5/388/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bizimana, Claude & Nieuwoudt, W. Lieb & Ferrer, Stuart R.D., 2004. "Farm size, land fragmentation and economic efficiency in southern Rwanda," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(2), pages 1-19, June.
    2. Renwick, Alan W. & Jansson, Torbjorn & Verburg, Peter H. & Revoredo-Giha, Cesar & Britz, Wolfgang & Gocht, Alexander & McCracken, Davy, 2011. "Policy Reform and Agricultural Land Abandonment," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108772, Agricultural Economics Society.
    3. Choumert, Johanna & Phélinas, Pascale, 2015. "Determinants of agricultural land values in Argentina," Ecological Economics, Elsevier, vol. 110(C), pages 134-140.
    4. Heinrichs, J. & Kuhn, T. & Pahmeyer, C. & Britz, W., 2021. "Economic effects of plot sizes and farm-plot distances in organic and conventional farming systems: A farm-level analysis for Germany," Agricultural Systems, Elsevier, vol. 187(C).
    5. Haixiao Huang & Gay Y. Miller & Bruce J. Sherrick & Miguel I. Gómez, 2006. "Factors Influencing Illinois Farmland Values," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(2), pages 458-470.
    6. Hans R. Isakson, 1997. "An Empirical Analysis of the Determinants of the Value of Vacant Land," Journal of Real Estate Research, American Real Estate Society, vol. 13(2), pages 103-114.
    7. Nguyen, Loc Duc & Raabe, Katharina & Grote, Ulrike, 2015. "Rural–Urban Migration, Household Vulnerability, and Welfare in Vietnam," World Development, Elsevier, vol. 71(C), pages 79-93.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Burcu Aksu & Suleyman Karaman, 2022. "Estimating the effect of a land parcel index using hedonic price analysis," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 68(11), pages 427-433.
    2. Ertunç, Ela & Uyan, Mevlut, 2022. "Land valuation with Best Worst Method in land consolidation projects," Land Use Policy, Elsevier, vol. 122(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ritter, Matthias & Hüttel, Silke & Odening, Martin & Seifert, Stefan, 2020. "Revisiting the relationship between land price and parcel size in agriculture," Land Use Policy, Elsevier, vol. 97(C).
    2. Ritter, Matthias & Huttel, Silke & Odening, Martin & Seifert, Stefan, 2019. "Revisiting The Relationship Between Land Price And Parcel Size," 2019 Conference (63rd), February 12-15, 2019, Melbourne, Australia 285062, Australian Agricultural and Resource Economics Society (AARES).
    3. Marcelo Caffera & Felipe Vásquez & Daniel Rodríguez & Leonidas Carrasco-Letelier & José Ignacio Hernández & Mariela Buonomo, 2019. "Spatial Spillovers in the Implicit Market Price of Soil Erosion: An Estimation using a Spatio-temporal Hedonic Model," Documentos de Trabajo/Working Papers 1909, Facultad de Ciencias Empresariales y Economia. Universidad de Montevideo..
    4. Yu, Peiheng & Fennell, Shailaja & Chen, Yiyun & Liu, Hui & Xu, Lu & Pan, Jiawei & Bai, Shaoyun & Gu, Shixiang, 2022. "Positive impacts of farmland fragmentation on agricultural production efficiency in Qilu Lake watershed: Implications for appropriate scale management," Land Use Policy, Elsevier, vol. 117(C).
    5. Ayala Wineman & Thomas S Jayne, 2018. "Land Prices Heading Skyward? An Analysis of Farmland Values across Tanzania," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 40(2), pages 187-214.
    6. Tione, Sarah E. & Holden , Stein T., 2019. "Urban proximity, demand for land and land prices in Malawi," CLTS Working Papers 1/19, Norwegian University of Life Sciences, Centre for Land Tenure Studies, revised 16 Oct 2019.
    7. Winters, P. & Kafle, K. & Benfica, R., 2018. "IFAD RESEARCH SERIES 21 - Does relative deprivation induce migration? Evidence from sub-Saharan Africa," IFAD Research Series 280070, International Fund for Agricultural Development (IFAD).
    8. Nikolaos Apostolopoulos & Panagiotis Liargovas & Stavros Stavroyiannis & Ilias Makris & Sotiris Apostolopoulos & Dimitrios Petropoulos & Eleni Anastasopoulou, 2020. "Sustaining Rural Areas, Rural Tourism Enterprises and EU Development Policies: A Multi-Layer Conceptualisation of the Obstacles in Greece," Sustainability, MDPI, vol. 12(18), pages 1-19, September.
    9. Jia, Lili, 2012. "Land fragmentation and off-farm labor supply in China," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 66, number 66.
    10. Phélinas, Pascale & Choumert, Johanna, 2017. "Is GM Soybean Cultivation in Argentina Sustainable?," World Development, Elsevier, vol. 99(C), pages 452-462.
    11. Schilling, Brian J. & Sullivan, Kevin P. & Duke, Joshua M., 2013. "Do Residual Development Options Increase Preserved Farmland Values?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(3), pages 1-17.
    12. Tezcan, Ahmet & Büyüktaş, Kenan & Akkaya Aslan, Şerife Tülin, 2020. "A multi-criteria model for land valuation in the land consolidation," Land Use Policy, Elsevier, vol. 95(C).
    13. Xin Deng & Dingde Xu & Miao Zeng & Yanbin Qi, 2018. "Landslides and Cropland Abandonment in China’s Mountainous Areas: Spatial Distribution, Empirical Analysis and Policy Implications," Sustainability, MDPI, vol. 10(11), pages 1-14, October.
    14. Viaggi, Davide & Raggi, Meri & Gomez y Paloma, Sergio, 2011. "Farm-household investment behaviour and the CAP decoupling: Methodological issues in assessing policy impacts," Journal of Policy Modeling, Elsevier, vol. 33(1), pages 127-145, January.
    15. repec:zbw:inwedp:582015 is not listed on IDEAS
    16. Gaia Narciso, 2015. "Labour and migration in rural Vietnam," WIDER Working Paper Series wp-2015-095, World Institute for Development Economic Research (UNU-WIDER).
    17. Curtiss, Jarmila & Jelínek, Ladislav & Hruška, Martin & Medonos, Tomáš & Vilhelm, Václav, 2013. "The Effect of Heterogeneous Buyers on Agricultural Land Prices: The Case of the Czech Land Market," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 62(2).
    18. Gabriel Ahlfeldt & Wolfgang Maennig, 2010. "Impact of sports arenas on land values: evidence from Berlin," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 44(2), pages 205-227, April.
    19. Shinichi Kitano, 2021. "Estimation of Determinants of Farmland Abandonment and Its Data Problems," Land, MDPI, vol. 10(6), pages 1-17, June.
    20. Koubi, Vally & Spilker, Gabriele & Schaffer, Lena & Bernauer, Thomas, 2016. "Environmental Stressors and Migration: Evidence from Vietnam," World Development, Elsevier, vol. 79(C), pages 197-210.
    21. Juan Ramón Murua & Inmaculada Astorkiza & Begoña Eguía, 2013. "Conflicts between Agricultural Policy and Sustainable Land Use: The Case of Northern Spain," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(3), pages 397-414, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jagris:v:11:y:2021:i:5:p:388-:d:543110. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.