The agricultural land trade

Asymmetric Trade Costs: Agricultural Trade amongDeveloping andDevelopedCountries

In this article, the reasonswhydeveloping countries trade fewer agricultural products than developed countries are analyzed. Based on earlier findings that low trade volume in the agricultural sector is due to high trade costs, the focus is on evaluating the extent to which bilateral trade costs in the agricultural sector differ among trading partners. Using a neo-Ricardian trade model, the res...

Speculation in Agricultural Land

Agricultural land prices in many developed countries rose and then fell dramatically over a relatively short period of time in the late 1970s and early 1980s. Most of the models in the literature that describe the dynamic behaviour of agricultural land prices suggest that these sharp price movements were not completely due to market fundamentals. Many attribute part of this price volatility to ...

EU Enlargement: The New Member States and Agricultural Trade Potentials

Projecting the Effects of Agricultural Trade Liberalization on Trade ,

Integration into the world economy has accelerated economic growth in many developing countries, providing an essential impetus to poverty reduction (IMF 2001). Continuing growth and integration of world markets, however, has reduced the distinction between domestic and international policies and provoked criticism of the trade-restricting measures of developed countries. The highly protected a...

The Effects of Potential Land Development on Agricultural Land Prices

We conduct a national-scale analysis of the determinants of agricultural land values. The theoretical basis for the study is a spatial city model with stochastic returns to future land development. The empirical model of agricultural land prices is estimated with a crosssection on approximately three thousand counties in the contiguous US. The results provide evidence that option values associa...