THE ALLOCATIVE EFFICIENCY OF LAND RENTAL MARKETS IN TRANSITION AGRICULTURE
2001
Vranken, Liesbet | Mathijs, Erik
This paper examines the functioning of the Hungarian land rental market. The allocative inefficiency of the land rental market is determined by calculating the marginal value productivity of land and using rental prices. Regional differences in allocative inefficiency are then correlated with demographic and socio-economic variables and with labor market-related factors.
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