Agroholdings and land rental markets: a spatial competition perspective

Abstract With the emergence of large, horizontally integrated farm enterprises especially in Eastern European countries, the question arises whether these agroholdings exercise market power in (local) land markets. Using a theoretical framework of spatial competition that accounts for the presence o...

Full description

Saved in:
Bibliographic Details
Published in:European review of agricultural economics 2021-01, Vol.48 (1), p.158-206
Main Authors: Graubner, Marten, Ostapchuk, Igor, Gagalyuk, Taras
Format: Article
Language:English
Subjects:
Competition
Deforestation
Farms
Land
Markets
Prices
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
cited_by cdi_FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3
cites cdi_FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3
container_end_page 206
container_issue 1
container_start_page 158
container_title European review of agricultural economics
container_volume 48
creator Graubner, Marten
Ostapchuk, Igor
Gagalyuk, Taras
description Abstract With the emergence of large, horizontally integrated farm enterprises especially in Eastern European countries, the question arises whether these agroholdings exercise market power in (local) land markets. Using a theoretical framework of spatial competition that accounts for the presence of multi-farm agroholdings, we derive equilibrium prices under alternative spatial competition settings. Based on the investigation of Ukrainian farms, we provide theoretical explanations and empirical support for farms affiliated with an agroholding possessing (ceteris paribus) more land and setting higher land rental prices compared to independent farms. The results indicate that agroholdings may act as price leaders in local land markets.
doi_str_mv 10.1093/eurrag/jbaa018
format article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_2478610198</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><oup_id>10.1093/eurrag/jbaa018</oup_id><sourcerecordid>2478610198</sourcerecordid><originalsourceid>FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3</originalsourceid><addsrcrecordid>eNqFkL1PwzAQxS0EEqWwMkdiYkjri-OPsFUVFKRKLDBbjuOUlDQ2toPEf19X6c7yTnf6vTvdQ-ge8AJwRZZm9F7tlvtaKQziAs2gZGVOGIhLNMPAaA5U8Gt0E8Iep55QPkOb1c7bL9s33bALmRqarD-JN0NUfXZQ_tvE8JSpLDgVuzTS9uBM7GJnh8wZH5zRsfs1t-iqVX0wd-c6R58vzx_r13z7vnlbr7a5LgnEnBVMaFVVTdE0jcJc47alHAOttWGYsZq0rQBFeAXAmChZVTMKGCc11HBN5uhh2uu8_RlNiHJvRz-kk7IouWCAoRKJWkyU9jYEb1rpfJee-ZOA5SksOYUlz2Elw-NksKP7jz0CfHVtkg</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2478610198</pqid></control><display><type>article</type><title>Agroholdings and land rental markets: a spatial competition perspective</title><source>EconLit s plnými texty</source><source>International Bibliography of the Social Sciences (IBSS)</source><source>PAIS Index</source><source>Oxford Journals Online</source><creator>Graubner, Marten ; Ostapchuk, Igor ; Gagalyuk, Taras</creator><creatorcontrib>Graubner, Marten ; Ostapchuk, Igor ; Gagalyuk, Taras</creatorcontrib><description>Abstract With the emergence of large, horizontally integrated farm enterprises especially in Eastern European countries, the question arises whether these agroholdings exercise market power in (local) land markets. Using a theoretical framework of spatial competition that accounts for the presence of multi-farm agroholdings, we derive equilibrium prices under alternative spatial competition settings. Based on the investigation of Ukrainian farms, we provide theoretical explanations and empirical support for farms affiliated with an agroholding possessing (ceteris paribus) more land and setting higher land rental prices compared to independent farms. The results indicate that agroholdings may act as price leaders in local land markets.</description><identifier>ISSN: 0165-1587</identifier><identifier>EISSN: 1464-3618</identifier><identifier>DOI: 10.1093/eurrag/jbaa018</identifier><language>eng</language><publisher>UK: Oxford University Press</publisher><subject>Competition ; Deforestation ; Farms ; Land ; Markets ; Prices</subject><ispartof>European review of agricultural economics, 2021-01, Vol.48 (1), p.158-206</ispartof><rights>Oxford University Press and Foundation for the European Review of Agricultural Economics 2020; all rights reserved. For permissions, please e-mail: journals.permissions@oup.com 2020</rights><rights>Oxford University Press and Foundation for the European Review of Agricultural Economics 2020; all rights reserved. For permissions, please e-mail: journals.permissions@oup.com</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3</citedby><cites>FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27866,27924,27925,33223</link.rule.ids></links><search><creatorcontrib>Graubner, Marten</creatorcontrib><creatorcontrib>Ostapchuk, Igor</creatorcontrib><creatorcontrib>Gagalyuk, Taras</creatorcontrib><title>Agroholdings and land rental markets: a spatial competition perspective</title><title>European review of agricultural economics</title><description>Abstract With the emergence of large, horizontally integrated farm enterprises especially in Eastern European countries, the question arises whether these agroholdings exercise market power in (local) land markets. Using a theoretical framework of spatial competition that accounts for the presence of multi-farm agroholdings, we derive equilibrium prices under alternative spatial competition settings. Based on the investigation of Ukrainian farms, we provide theoretical explanations and empirical support for farms affiliated with an agroholding possessing (ceteris paribus) more land and setting higher land rental prices compared to independent farms. The results indicate that agroholdings may act as price leaders in local land markets.</description><subject>Competition</subject><subject>Deforestation</subject><subject>Farms</subject><subject>Land</subject><subject>Markets</subject><subject>Prices</subject><issn>0165-1587</issn><issn>1464-3618</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2021</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>8BJ</sourceid><recordid>eNqFkL1PwzAQxS0EEqWwMkdiYkjri-OPsFUVFKRKLDBbjuOUlDQ2toPEf19X6c7yTnf6vTvdQ-ge8AJwRZZm9F7tlvtaKQziAs2gZGVOGIhLNMPAaA5U8Gt0E8Iep55QPkOb1c7bL9s33bALmRqarD-JN0NUfXZQ_tvE8JSpLDgVuzTS9uBM7GJnh8wZH5zRsfs1t-iqVX0wd-c6R58vzx_r13z7vnlbr7a5LgnEnBVMaFVVTdE0jcJc47alHAOttWGYsZq0rQBFeAXAmChZVTMKGCc11HBN5uhh2uu8_RlNiHJvRz-kk7IouWCAoRKJWkyU9jYEb1rpfJee-ZOA5SksOYUlz2Elw-NksKP7jz0CfHVtkg</recordid><startdate>20210101</startdate><enddate>20210101</enddate><creator>Graubner, Marten</creator><creator>Ostapchuk, Igor</creator><creator>Gagalyuk, Taras</creator><general>Oxford University Press</general><general>Oxford Publishing Limited (England)</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7TQ</scope><scope>8BJ</scope><scope>DHY</scope><scope>DON</scope><scope>FQK</scope><scope>JBE</scope><scope>U9A</scope></search><sort><creationdate>20210101</creationdate><title>Agroholdings and land rental markets: a spatial competition perspective</title><author>Graubner, Marten ; Ostapchuk, Igor ; Gagalyuk, Taras</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2021</creationdate><topic>Competition</topic><topic>Deforestation</topic><topic>Farms</topic><topic>Land</topic><topic>Markets</topic><topic>Prices</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Graubner, Marten</creatorcontrib><creatorcontrib>Ostapchuk, Igor</creatorcontrib><creatorcontrib>Gagalyuk, Taras</creatorcontrib><collection>CrossRef</collection><collection>PAIS Index</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>European review of agricultural economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Graubner, Marten</au><au>Ostapchuk, Igor</au><au>Gagalyuk, Taras</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Agroholdings and land rental markets: a spatial competition perspective</atitle><jtitle>European review of agricultural economics</jtitle><date>2021-01-01</date><risdate>2021</risdate><volume>48</volume><issue>1</issue><spage>158</spage><epage>206</epage><pages>158-206</pages><issn>0165-1587</issn><eissn>1464-3618</eissn><abstract>Abstract With the emergence of large, horizontally integrated farm enterprises especially in Eastern European countries, the question arises whether these agroholdings exercise market power in (local) land markets. Using a theoretical framework of spatial competition that accounts for the presence of multi-farm agroholdings, we derive equilibrium prices under alternative spatial competition settings. Based on the investigation of Ukrainian farms, we provide theoretical explanations and empirical support for farms affiliated with an agroholding possessing (ceteris paribus) more land and setting higher land rental prices compared to independent farms. The results indicate that agroholdings may act as price leaders in local land markets.</abstract><cop>UK</cop><pub>Oxford University Press</pub><doi>10.1093/eurrag/jbaa018</doi><tpages>49</tpages><oa>free_for_read</oa></addata></record>
fulltext fulltext
identifier ISSN: 0165-1587
ispartof European review of agricultural economics, 2021-01, Vol.48 (1), p.158-206
issn 0165-1587
1464-3618
language eng
recordid cdi_proquest_journals_2478610198
source EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); PAIS Index; Oxford Journals Online
subjects Competition
Deforestation
Farms
Land
Markets
Prices
title Agroholdings and land rental markets: a spatial competition perspective
url http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-05T04%3A23%3A58IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Agroholdings%20and%20land%20rental%20markets:%20a%20spatial%20competition%20perspective&rft.jtitle=European%20review%20of%20agricultural%20economics&rft.au=Graubner,%20Marten&rft.date=2021-01-01&rft.volume=48&rft.issue=1&rft.spage=158&rft.epage=206&rft.pages=158-206&rft.issn=0165-1587&rft.eissn=1464-3618&rft_id=info:doi/10.1093/eurrag/jbaa018&rft_dat=%3Cproquest_cross%3E2478610198%3C/proquest_cross%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c431t-6268ca99d2ddda07c0ff57015bce6066b3ff81a37911668469b65100b65e5e7c3%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=2478610198&rft_id=info:pmid/&rft_oup_id=10.1093/eurrag/jbaa018&rfr_iscdi=true