EVALUATION OF THE IMPACT OF AGRICULTURAL LAND LEASE RELATIONS IN AGRICULTURAL SUBJECTS IN SLOVAKIA
Journal: Scientific Papers Series ?Management, Economic Engineering and Rural Development” (Vol.14, No. 1)Publication Date: 2015-05-27
Authors : Ľubica RUMANOVSKÁ;
Page : 315-322
Keywords : agricultural land; agricultural holdings; farm; lease relations; rent;
Abstract
The aim of the scientific paper was to find correlation between total utilized agricultural land and leased farmland by agricultural holdings in Slovakia. The evaluation was realized by using the method of regression analysis to verify the hypotheses and correlation. Based on the research we can conclude that was confirmed by 48% correlation between the total utilized land and acreage of leased land only by small individual farmers. Based on the research we came to the conclusion that, the correlation between the area of agricultural land leased from individuals and the amount of the rent for one hectare is quite strong, accounting for 60%.In Slovakia the agricultural holdings and farmers are farming on leased land and the fact is that the rent is relatively low. Amount of rent for agricultural land in Slovakia in 2012 ranged from 6.50 to 120.00 EUR.ha-1 . The low amount of rent for agricultural land in Slovakia compared to EU countries is directly related to a lower level of agricultural production and also revenues, up about 30 to 40% per hectare of agricultural land. By comparing the rent per 1 ha of agricultural land in Slovakia with selected EU countries shows that in Slovakia is the rent 14 to 55 times lower. We can assume that the interest in rent of agricultural land will have a growing trend due to revenue arising from the implementation of direct payments under the CAP of the EU.
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