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Study on the functioning of Land Markets in the EU Member States under the Influence of measures applied under the Common Agricultural Policy (CAP)

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Global

Economic theory, as well as empirical findings, suggest that the way in which agricultural support is provided has an influence on land markets, because payments capitalise to some degree into land values, affecting both the sale and rental price of land. This would also have effects on the transfer efficiency of support, on structural change, etc. However, the type of agricultural support is not the only factor influencing land markets.