文章基本信息

标题：The influence of various agricultural subsidies on sale prices of French farmland
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作者：Latruffe, Laure ; Piet, Laurent ; Dupraz, Pierre 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2014
出版社：Food Distribution Research Society
摘要：We investigate the determinants of agricultural land price in several regions in France during 1994-2011 using individual plots transaction data, with a particular emphasis on agricultural subsidies and nitrate zoning regulations. We found a positive but relatively small capitalisation effect of the total subsidies per hectare. The magnitude of capitalisation depends on the region, the type of subsidy, and the location of the plot in a nitrate surplus zone or not. Only land set-aside premiums significantly capitalise into land price, while single farm payments have a significant positive capitalisation impact only for plots located in a nitrate surplus zone.
关键词：Farm land price;agricultural subsidies;capitalisation;regulations;nitrate surplus area;France