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AGRICULTURAL LAND MARKET AS A TOOL OF SUSTAINABLE DEVELOPMENT OF RURAL AREAS IN THE REPUBLIC OF MOLDOVA

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Author(s): Anatol RACUL | Dragoş CIMPOIEŞ | Mariana PERJU

Journal: Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
ISSN 2284-7995

Volume: 13;
Issue: 2;
Start page: 347;
Date: 2013;
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Keywords: financial instrument | land bank | land market | linear regression | transaction prices

ABSTRACT
The paper has two main applications: it represents a model for pricing – which might be used by investment funds, or other organizations interested in agricultural land acquisitions; the interest is in buy/sell transactions - a financial mechanism could be created to facilitate these transactions. For example, the creation of a Land Bank or to attract land banking investment funds, which would have the goal to improve the transaction system, develop financial tools necessary for increasing efficiency, improving financial structure. This study explorers the historical transactions and specifics of the land market in Republic of Moldova and how it is affected by social indicators in rural areas.
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