Artikel

Decentralized public farmland conveyance: Rental rights auctioning in Ukraine

This study examines whether decentralized auctioning of public agricultural land results in higher land prices in comparison to auctioning via a centralized agency. Decentralization reforms in Ukraine, first, mandated local governments to manage communal land and later transferred agricultural land in their jurisdictions. We compare the resulting land prices of centrally and locally organized auctions and evaluate whether land-use concentration affected auction outcomes. Using unique datasets on land auctions from 2014 to 2020, we find that land plots auctioned locally by rural municipalities generate more competitive land rental outcomes with higher land rental prices. In addition, land concentration is found to negatively affect land rental prices and auction markups. Based on the results, we discuss policy implications for the management of public agricultural land in weak institutional settings.

Sprache
Englisch

Erschienen in
Journal: Land Use Policy ; ISSN: 0264-8377 ; Volume: 114 ; Year: 2022 ; Amsterdam: Elsevier

Klassifikation
Landwirtschaft, Veterinärmedizin
Thema
public land
land auctions
hedonic pricing model
spatial model
Ukraine

Ereignis
Geistige Schöpfung
(wer)
Kvartiuk, Vasyl
Herzfeld, Thomas
Bukin, Eduard
Ereignis
Veröffentlichung
(wer)
Elsevier
(wo)
Amsterdam
(wann)
2022

DOI
doi:10.1016/j.landusepol.2022.105983
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Kvartiuk, Vasyl
  • Herzfeld, Thomas
  • Bukin, Eduard
  • Elsevier

Entstanden

  • 2022

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