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PROFITABILITY OF LAND FACTOR ON THE CONDITIONS OF SUSTAINABLE DEVELOPMENT - FRAMES OF NEW LAND RENT THEORY.
- Source :
-
Economic Science for Rural Development Conference Proceedings . 2013, Issue 31, p73-78. 6p. - Publication Year :
- 2013
-
Abstract
- Other papers concerning agricultural economics frequently emphasise a problem of low resource productivity. However, the measuring methods are controversial, because they do not consider a progressive depreciation of fixed assets in agriculture and the new utilities of land on the conditions of sustainable development. These preconditions entitle to formulate a hypothesis that a productivity of capital in agriculture in Poland is increasing because of intrinsic values of agricultural areas. This implies a need of rethinking the neoclassical land rent theories. The empirical objective of the article is an evaluation of capital productivity in agriculture in Poland in a long period to test a new land rent theory. The basis for the empirical verification of the hypothesis formulated by the author is a sectoral input-output analysis. Data from the input-output tables were used to evaluate capital productivity coefficients in agri-food sector. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 16913078
- Issue :
- 31
- Database :
- Academic Search Index
- Journal :
- Economic Science for Rural Development Conference Proceedings
- Publication Type :
- Conference
- Accession number :
- 87566466