As a result of the Land Reform, property forming and land market, farm areas were often built up from a number of land plots (up to 20), sometimes with unfavourable order. With the rural development and stabilization of farm production, the role and tasks of rational territory organization are expected to increase significantly in the area. It can be forecasted that, as a result of land rent and further purchase and sell, and other transactions, many new farmland properties are expected to appear that will not correspond to the requirements of rational territorial organization.

Shrift towards private ownership in forestry recourses in transition countries of Central and Eastern Europe promotes forest values and their development in diversified ways. In this paper, we provide a general equilibrium model assisting in estimation of forest management practices in the regional level by comparing different ownership structures and public policy measures. The model is applied for the county of Banská Bystrica in Slovakia.

The land restitution in Bulgaria led to a severe fragmentation in land ownership. This has an impact on the agricultural development and land market. The article investigates the land transactions on the sale and rentals markets. In order to explain the processes three new institutional economic theories will be employed: property rights theory, transaction costs theory and agricultural contract theory. First, the article reviews the appropriateness of each theory, and second, results of conducted survey in two regions of Bulgaria with different degrees of land fragmentation.

There is considerable interest in the determination of farmland values. Although alternative models exist, present value models have played a central role in recent studies of agricultural land markets. Alston (1986) uses a present value model to examine the effects of inflation and real growth in net rental income on farmland prices (see also Melichar, 1979).

Relative estimates of the proportion of agricultural land values generated by farm program payments and farm returns in the southern region are examined, using state-level data for the period 1940 to 2004. Results indicate the contribution of farm program payments to agricultural land values in the southern region has increased during the last three farm bill periods to 65 percent, compared to 22 percent in the other regions.

This paper jointly models a landowner's decision to develop a parcel and the option to enroll that parcel in a current use assessment program. The analytical results highlight different factors that influence the effectiveness of a current use program in delaying development. The results also underscore the difficulty a local government might have in influencing the behavior of the landowner. Except for altering eligibility rules, a local government employing current use assessment has but two policy tools: a penalty for development and the property tax rate.

Economists increasingly face opportunities to collaborate with ecologists on landscape-level analyses of socioeconomic and ecological processes. This often calls for developing empirical models to project land use change as input into ecological models. Providing ecologists with the land use information they desire can present many challenges regarding data, modeling, and econometrics. This paper provides an overview of the relatively recent adaptation of economics-based land use modeling methods toward greater spatial specificity desired in integrated research with ecologists.

The development of land rental markets can enhance agricultural productivity and equity by facilitating transfers of land to more productive farmers and facilitating the participation in the non-farm economy of less productive farmers. In recent years there has been a rapid increase in the incidence of land rental activities in China. Large differences exist, however, both between regions and within regions in the share of households participating in land renting activities.

Data on owner and land characteristics are used to analyze factors affecting participation decisions in Delaware's agricultural lands preservation program, federal commodity programs, and federal conservation programs. A trivariate probit model estimates a set of random utility models of participation. Participation decisions at the state and federal levels are found to be driven by many of the same observed factors, but uncorrelated in unobserved characteristics.