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The Allocative Efficiency Of Land Rental Markets In Transition Agriculture

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  • Vranken, Liesbet
  • Mathijs, Erik

Abstract

This paper examines the functioning of the Hungarian land rental market. The allocative inefficiency of the land rental market is determined by calculating the marginal value productivity of land and using rental prices. Regional differences in allocative inefficiency are then correlated with demographic and socio-economic variables and with labor market-related factors.

Suggested Citation

  • Vranken, Liesbet & Mathijs, Erik, 2001. "The Allocative Efficiency Of Land Rental Markets In Transition Agriculture," 2001 Annual meeting, August 5-8, Chicago, IL 20728, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20728
    DOI: 10.22004/ag.econ.20728
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    File URL: https://ageconsearch.umn.edu/record/20728/files/sp01vr01.pdf
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    References listed on IDEAS

    as
    1. de Janvry, Alain & Gordillo, Gustavo & Sadoulet, Elisabeth & Platteau, Jean-Philippe (ed.), 2001. "Access to Land, Rural Poverty, and Public Action," OUP Catalogue, Oxford University Press, number 9780199242177.
    2. Sarris, Alexander H & Doucha, Tomas & Mathijs, Erik, 1999. "Agricultural Restructuring in Central and Eastern Europe: Implications for Competitiveness and Rural Development," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 26(3), pages 305-329, August.
    3. Gow, Hamish R & Swinnen, Johan F M, 1998. "Up- and Downstream Restructuring, Foreign Direct Investment, and Hold-Up Problems in Agricultural Transition," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 25(3), pages 331-350.
    4. Pereira, Montgomery P & Sumner, Daniel A, 1990. "Rigidities in Rural Labor Markets--An Empirical Test," The Review of Economics and Statistics, MIT Press, vol. 72(4), pages 569-577, November.
    5. Erik Mathijs & Liesbet Vranken, 2001. "Human Capital, Gender and Organisation in Transition Agriculture: Measuring and Explaining the Technical Efficiency of Bulgarian and Hungarian Farms," Post-Communist Economies, Taylor & Francis Journals, vol. 13(2), pages 171-187.
    6. Feder, Gershon, 1985. "The relation between farm size and farm productivity : The role of family labor, supervision and credit constraints," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 297-313, August.
    7. George E. Battese, 1997. "A Note On The Estimation Of Cobb‐Douglas Production Functions When Some Explanatory Variables Have Zero Values," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1‐3), pages 250-252, January.
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    Cited by:

    1. Fogarasi, Jozsef, 2007. "Efficiency and total factor productivity in post-EU accession Hungarian sugar beet production," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 105, pages 1-13, January.

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    Keywords

    Land Economics/Use;

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