De economische betekenis van landbouwgrond
The economic significance of agricultural land
The growth of agricultural production in rich countries exceeds the rise in effective demand. Prices of agricultural land have, none the less, been rising remarkebly in practically all industrialized countries since the beginning of the fifties. This phenomenon is not caused primarily by external factors; it is mainly the growing discrepancy between acreage and number of users of agricultural land that is reflected by the rising land prices. Farms are not small because land is high, but land is high because farms are (too) small.
Whereas land is becoming scarcer from the viewpoint of agricultural firms, its value has fallen from the macro-economic angle, that is, as far as its primary function is concerned. The secondary functions of agriculture as a manager of the national soil, on the other hand, are becoming ever more important for the quality of our environment.
KeywordsAgricultural Land Agricultural Production External Factor International Economic Public Finance
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