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Characteristics of Arable Land Valuation in Hungary


  • Tamás Nándor Tógyer

    () (University of Miskolc)


Since the transition, the different asset valuation methods have gained an increasing importance in agriculture. Land assessment has a high priority in agriculture, since it is the basis and an indispensable resource of the branch. Hungarian land prices are low, which is mainly due to two factors; the lack of land sales, and low farm incomes. Further issues to be addressed are what the old gold-crown system should be replaced with, and also if economic and ecological land evaluations should go together. In this context, it is also necessary to decide whether a uniform land valuation system has to be introduced, or whether the choice of a method suiting the purpose of valuation will always be the most effective.

Suggested Citation

  • Tamás Nándor Tógyer, 2012. "Characteristics of Arable Land Valuation in Hungary," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 8(02), pages 95-100.
  • Handle: RePEc:mic:tmpjrn:v:8:y:2012:i:02:p:95-100

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    land market; Gold-crown system; yield calculation;

    JEL classification:

    • 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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