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Availability: Available
Publication date: 15 May 2008
Language: English
Pages: 118
ISBN: 9789264031722
OECD Code: 512008051P1
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Other Versions & Languages |
Table of contents
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Governments intervene in the agricultural sector through policies that both support and shape agricultural production. This leads to two important outcomes. First, agriculture specific programmes intended to increase the welfare of farmers can become capitalised into asset values. Second, many policies, in particular regulatory ones, reduce asset mobility, resulting in reduced economic efficiency due a sub-optimal allocation of resources. This study focuses on the capitalisation of government support into land rents and prices. It assesses the consequences of inflated asset values, and suggests lessons for future policy making.
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Other languages:
French (Available)
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Other Versions:
E-book - PDF Format
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Further reading:
Adjustment in OECD Agriculture - Reforming Farmland Policies (Available)
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Table of contents:
- Executive Summary
- Chapter 1. Introduction
- Chapter 2. Theoretical Foundations for Asset Capitalisation
- Chapter 3. Land Prices, Empirical Evidence and Literature Review
- Chapter 4. A Framework to Analyse Policies that Affect Asset Capitalisation and Mobility
- Chapter 5. Policy Implications and Conclusions
- Annex 1. Exposition of Theoretical Foundations for Asset Capitalisation
- Annex 2. Case Studies
- Summary of Case Studies
- Review of Policies Affecting Farmland Mobility and/or Values in France
- Review of Policies Affecting Farmland Mobility and/or Values in Japan
- Review of Policies Affecting Farmland Mobility and/or Values in Korea
- Review of Policies Affecting Farmland Mobility and/or Values in Mexico
- Review of Policies Affecting Farmland Mobility and/or Values in Norway
- Bibliography
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