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Serres National Cadaster: An Intestate Succession Preliminary Case Study

Author

Listed:
  • Athanasenas Athanasios L.

    (Department of Business Administration, TEI of Central Macedonia, Greece;)

  • Chapsa Xanthippi

    (Department of Business Administration, TEI of Central Macedonia, Greece;)

  • Polychronidou Persefoni

    (Department of Accounting & Finance, TEI of Central Macedonia, Greece;)

Abstract

In the famous “anti-Commons” theory, resources are underused when multiple owners are endowed with the right to exclude other potential users, in contrast to the “Commons” theory that identifies resource over-exploitation. In this crucial preliminary study, “Intestate Succession” (i.e. “Succession without Will”) is under investigation, thus evaluating whether the number of land cotenants (heirs, in “Intestate Succession”) affects significantly (or not) land market values, by taking into account certain significant economic variables, representing the whole population official and primary data, officially available from the municipal Serres Farmlands. Applying advanced GLM, we perform ANCOVA analysis, considering as dependent variable the market land value. We find that, controlling for the objective land value (IRS land value), location, irrigation, farmer identity, and land segmentation-fragmentation all affect significantly the market land value variable. Significantly, the number of heirs does not seem to be a significant factor yet in the context of the “anti-Commons” theory.

Suggested Citation

  • Athanasenas Athanasios L. & Chapsa Xanthippi & Polychronidou Persefoni, 2018. "Serres National Cadaster: An Intestate Succession Preliminary Case Study," Scientific Annals of Economics and Business, Sciendo, vol. 65(2), pages 171-191, June.
    • Handle: RePEc:vrs:aicuec:v:65:y:2018:i:2:p:171-191:n:3
    DOI: 10.2478/saeb-2018-0009
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    Keywords

    intestate succession; commons vs. anti-Commons theories; national cadastre; GLM; ANCOVA;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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