Mechanisms of valuation of public goods on the agricultural land market - considerations in the context of sustainable development

• Authors: Bazyli Czyżewski , Adam Majchrzak
• Languages of publication: EN

Abstracts

EN

Mechanisms of valuation of public goods on the agricultural land market - considerations in the context of sustainable development Since the beginning of human civilization, the land has been creating certain utilities which satisfy human needs. When the dangerous side effects of industrial agriculture have occurred intrinsic land utilities are being discovered anew. They have a nature of public goods and constitute a hard core of the sustainable agriculture paradigm. Despite irreversible accumulation of capital in the anthropogenic environment many new utilities of the land come into existence without additional capital and labour outlay. Since they are public goods, they are paid from taxes in great measure. This way an intrinsic land utility takes a form of a financial product and can be called „intrinsic productivity” of land. The aim of the elaboration is to identify the mechanism that make intrinsic land utility transforms into productivity in monetary units. A conducted research consists in deriving a land rent capitalized in land prices and estimating its share in land value in comparison with the share of lease fees in the different regions of Poland in years 2000-2009. In the authors’ opinion since accession of Poland to the UE a market valorizes intrinsic utilities of land, whereas the new role of capital and labour is distribution of those utilities for consumers.

Keywords

EN

public goods; agricultural land market; sustainable development; intrinsic land utility

PL

dobra publiczne; rynek ziemi rolniczej; rozwój zrównoważony; samoistna produktywność ziemi

• Publisher: Sciendo
• Journal: Management
• Year: 2013
• Volume: 17
• Issue: 2
• Pages: 284-296

Dates

published

2013-12-01

online

2013-12-04

Contributors

author

Bazyli Czyżewski

• Poznan University of Economics

author

Adam Majchrzak

• Student Poznan University of Economics

References

• 1. Borys T. (2009), Problemy zrównoważonej konsumpcji, [in:] B. Fiedor), R. Jończy (ed.), Rozwój zrównoważony, teoria i praktyka, Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu, Wrocław.
• 2. Czyżewski B. (2010), Kontrowersje wokół rent gruntowych: od ekonomiiklasycznej do czasów współczesnych, „Ekonomista” nr 2, Warszawa
• 3. Eurostat, Long-term interest rates - 10-year government bond yields, 2000-2009.
• 4. Gruda M., Woś A. (2008), Waloryzacja czynników wytwórczych rolnictwa, IERiGŻ-PIB, Warszawa.
• 5. GUS, Provided for individual order data on the prices of arable land, meadows and lease fees, 1996-2010a.
• 6. GUS, Rocznik statystyczny rolnictwa i obszarów wiejskich za lata 1995-2009, Warszawa 1996-2010b.
• 7. Hagedorn K., Arzt K., Peters U. (2002), Institutional Arrangements forEnvironmental Co-opertaives: a Conceptual Framework, [in:] K. Hagedorn (ed.), Environmental Co-operation and Institutional Change. Theories andPolicies for European Agriculture, Edward Elgar, Northampton.
• 8. Jeżowski P. (2009), Kapitał naturalny i rozwój zrównoważony a sprawiedliwość, [in:] B. Fiedor (red.), R. Jończy (ed), Rozwój zrównoważony, teoria i praktyka, Wyd. Uniwersytetu Ekonomicznego we Wrocławiu, Wrocław.
• 9. McKean M.A. (1993), Empirical Analysis of Local and National PropertyRights Institutions, [in:] Beijer Discussion Paper nr 42, Beijer International Institute of Ecological Economics, Stockholm.
• 10. Rogall H. (2010), Ekonomia zrównoważonego rozwoju. Teoria i praktyka, Wydawnictwo Zysk i S-ka, Poznań.
• 11. Szymański W. (2001), Globalizacja, wyzwania i zagrożenia, Difi n, Warszawa.
• 12. Vatn A. (2010), Transaction Costs And Multifunctionality, conference proceedings - Directorate for Food, Agriculture And Fisheries Workshop on Multifunctionality, Paris, 2-3 July 2010, access: 13.03.2012, http:// www.oecd.org/dataoecd/27/36/37633999.pdf.
• 13. Weis T. (2011), Światowa gospodarka żywnościowa. Batalia o przyszłość rolnictwa, Polska Akcja Humanitarna, Warszawa.
• 14. Żylicz T. (1995), Can There Be an Ecological Tax? [in:] „Economic Discussion Papers nr 17, Warsaw University Faculty of Economic Sciences, Warsaw.

Identifiers

DOI

10.2478/manment-2013-0072