EVALUATION OF THE IMPACT OF AGRICULTURAL ENTERPRISES ON DEVELOPMENT OF AGRICULTURAL LAND MARKET IN SLOVAKIA
Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 14 ISSUE 4
Written by Lubica RUMANOVSKÁ, Marián KOVÁČIK
The paper focuses on the situation of the agricultural land market in Slovakia and in selected region of the SR – Nitra region, on the application and development of agricultural land prices in Slovakia and on the factors that influence the decisions of agricultural enterprises on the market with agricultural land. In this paper were used primary data obtained with interview method realized within the research of Department of European policies, Slovak University of Agriculture during the period 2012 – 2013 in all districts of region Nitra. The evaluation of the impact of agricultural subject on agricultural land market in Slovakia was realized by using the method of regression analysis. Based on the results from the research we can state that entrepreneurs still prefer more to rent land then to purchase a land. The main factors influencing the decision-making process of agricultural subjects are ownership fragmentation, the fragmentation of agricultural plots and business's financial situation and profitability of the purchase. Many entrepreneurs pointed to this indicator as one of the most influential in terms of increasing the market price, respectively as a reason for not signing the lease agreement. The agricultural land market in Slovakia is emerging but still not sufficiently transparent. Further development of the market will continue to be marked by the overall economic situation in agriculture, relatively low competitiveness of Slovak farmers in the European market and reduced profitability. Research showed that the most pronounced effect on the price of agricultural land and the amount of rent for agricultural land has the number of enterprises. Growing number of farms will increase the price or amount of rent for agricultural land.