New land tenure arrangements in the USSR require that agricultural producers pay for land use. The current distorted pricing system and the absence of functioning land markets complicate land valuation, and slow the adoption of new property relations. In a market economy that functions well, agricultural land would earn its approximate marginal value product in agricultural production. This value can be measured empirically from production data and...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1991/04/30
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Рабочий документ в рамках исследования вопросов политики
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WPS650
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1
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1
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2010/07/01
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Administrative valuation of Soviet agricultural land : results using Lithuanian production data
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farm profitability
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