We review the recent theoretical and empirical literature on the capitalization of agricultural
subsidies into land prices. The theoretical literature predicts that agricultural subsidies are …

Agricultural land conversion (ALC) is an incentive-driven process. In this paper, we further
investigate the inter-relationship between land economic value (LEV) and ALC. To achieve …

Land stands as a crucial factor in the production process. The rational allocation of land
resources and the enhancement of land use efficiency play pivotal roles in maintaining …

Agricultural incentive policies affects not only agricultural production, but also land rental
price. This paper extends the theoretical framework of the effect of agricultural incentive …

The objective of this paper is to estimate the capitalization of CAP subsidies into both rental
prices and land values in the EU. We use FADN data at regional level for the period 1989 …

We assess the effects of the 2013 CAP reform on the capitalisation of decoupled payments
in land rental values. Our estimates suggest that the reform leads to an increase in the …

The main goal of this paper is to show the implicit role of the Common Agricultural Policy
(CAP) in land-use conflicts at the regional level in Poland. With the use of the Computable …

This paper estimates the capitalization of the single payment scheme (SPS) into land values.
The theory suggests a nonlinear and discontinuous relationship between the SPS and land …

This paper deals with the determinants of out-farm migration across the European Union
(EU) regions focusing on the role played by CAP payments. We add to the existing literature …

If agricultural subsidies are largely capitalized into farmland values through their effect on
rental rates, then expanding support for agriculture may not benefit farmers who rent the …