Agricultural land market in selected regions of the Slovak Republic
2003
Š. Buday
One of the conditions of accession of Slovakia into the European Union is the existence of a developed land market. At present, the official land price is mostly used in the evaluation of agricultural land. The price was calculated on the basis of normative production and normative costs required to achieve such production. As the land market gradually develops, market prices come into being; reflecting the effect of real market forces. With the full-fledged market prices, the task of official prices will be just an informative one. The land market prices will gradually assume all the tasks of the current official prices of the agricultural land.
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