The Most Expensive Agricultural Land Prices in Europe: An Economic Analysis of Tenerife, Canary Islands, Spain

  1. Barroso Castillo, Santiago M. 1
  2. de Martín-Pinillos Castellanos, Ignacio 1
  3. Cruz-Pérez, Noelia 1
  4. Santamarta, Juan C. 1
  1. 1 Universidad de La Laguna
    info

    Universidad de La Laguna

    San Cristobal de La Laguna, España

    ROR https://ror.org/01r9z8p25

Revista:
Island Studies Journal

ISSN: 1715-2593

Año de publicación: 2023

Volumen: Early access

Tipo: Artículo

DOI: 10.24043/001C.85175 GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Island Studies Journal

Resumen

Agriculture in the Canary Islands has greater limitations than in the rest of Spain due to the cultivation areas being geographically limited and the abrupt orography of the archipelago. As a result, in certain situations, tillage of the land is more complex and costs increase. This study focuses on the island of Tenerife and aims to identify the determining variables that directly affect the price of agricultural land, considering the type of crop. For this purpose, a survey was designed for farm managers on the island of Tenerife and, after analysing the responses, we focused on tubers, legumes, vineyards, bananas, and cereals. A multilinear regression model showed that the highest land price corresponds to those farms destined for banana production, with a value of 16.52 €/m2. The price of agricultural land on the island of Tenerife was found to be eight times higher than the European average. The main factors impacting this value are irrigation, the orography of the land, and the presence of farm buildings.

Referencias bibliográficas

  • Pedro Arias Martín, (2020), Studies of Applied Economics, 31, 10.25115/eea.v31i1.3273
  • M. Banse, (2008), European Review of Agricultural Economics, 35, pp. 117, 10.1093/erae/jbn023
  • Iain Brown, (2017), Geoderma, 285, pp. 173, 10.1016/j.geoderma.2016.09.023
  • Ramona Bunkus, (2018), Land, 7, pp. 98, 10.3390/land7030098
  • Giuseppe Francesco Cesare Lama, (2021), 2021 IEEE International Workshop on Metrology for Agriculture and Forestry, MetroAgriFor 2021 - Proceedings, pp. 58, 10.1109/metroagrifor52389.2021.9628438
  • J. Colino, (2014)
  • Jefferson Costales, (2022), 2022 the 6th International Conference on Information System and Data Mining, pp. 18, 10.1145/3546157.3546161
  • T. E. Cropper, (2014), International Journal of Climatology, 34, pp. 604, 10.1002/joc.3710
  • J. Curtiss, (2013), German Journal of Agricultural Economics, 62, pp. 116
  • Esther Decimavilla, (2011), Economía Agraria y Recursos Naturales, 8, pp. 3, 10.7201/earn.2008.01.01
  • Ignacio de los Ríos, (2016), Land Use Policy, 54, pp. 85, 10.1016/j.landusepol.2016.02.009
  • Vidal Díaz de Rada, (2007), Papers. Revista de Sociologia, 86, pp. 131, 10.5565/rev/papers/v86n0.814
  • (2018), Official Journal of the European Union, pp. 234
  • (2018), pp. 3
  • (2022), European Union
  • S. Fernández-Lugo, (2011), Plant Ecology, 212, pp. 423, 10.1007/s11258-010-9834-6
  • G.D. Garrod, (1992), Journal of Environmental Management, 34, pp. 59, 10.1016/s0301-4797(05)80110-0
  • D. Godenau, (2014), pp. 15
  • J. Gwartney, (2004), The Cato Journal, 24
  • Maria Hełdak, (2022), Real Estate Management and Valuation, 30, pp. 30, 10.2478/remav-2022-0019
  • Ingrid Henriksen, (2015), The Journal of Economic History, 75, pp. 590, 10.1017/s0022050715000777
  • Yeray Hernandez, (2018), Environmental Science & Policy, 80, pp. 28, 10.1016/j.envsci.2017.11.008
  • (2019)
  • (2022)
  • (2022)
  • (2022)
  • (2022)
  • Vicente Llorent-Bedmar, (2021), Journal of Rural Studies, 82, pp. 303, 10.1016/j.jrurstud.2021.01.014
  • Manuel E. Lucas-Borja, (2019), Water (Switzerland), 11, pp. 1, 10.3390/w11030503
  • (2022), pp. 33
  • (2002)
  • V. Martín, (2004), XV Coloquio de Historia Canario-Americana, pp. 156
  • Jesús Gabriel Moreno-Navarro, (2022), Arabian Journal of Geosciences, 15, pp. 1, 10.1007/s12517-022-10341-w
  • Juan J. Oñate, (2005), Land Use Policy, 22, pp. 103, 10.1016/j.landusepol.2004.01.002
  • Dina Pirone, (2023), Journal of Hydrology, 617, pp. 128949, 10.1016/j.jhydrol.2022.128949
  • Lorenzo Carlos Quesada-Ruiz, (2019), Waste Management, 85, pp. 506, 10.1016/j.wasman.2019.01.015
  • Suman Ravuri, (2021), Nature, 597, pp. 672, 10.1038/s41586-021-03854-z
  • Ratnadeep Ray, (2023), Remote Sensing, 15, pp. 1, 10.3390/rs15040959
  • João Reis, (2017), Regional Science Policy & Practice, 9, pp. 285, 10.1111/rsp3.12101
  • Juan Ramón Rico-Juan, (2021), Expert Systems with Applications, 171, pp. 114590, 10.1016/j.eswa.2021.114590
  • M.J. Roche, (2001), European Review of Agriculture Economics, 28, pp. 95, 10.1093/erae/28.2.95
  • S. Sánchez Hernández, (2014), pp. 43
  • Juan C. Santamarta, (2022), Human Ecology Review, 27, pp. 131, 10.22459/her.27.02.2022.07
  • Elmar Schwarzlmüller, (2009), Ecological Economics, 69, pp. 282, 10.1016/j.ecolecon.2009.07.016
  • Baldomero Segura, (2018), Economía Agraria y Recursos Naturales, 18, pp. 135, 10.7201/earn.2018.01.06
  • Yu Sheng, (2018), Australian Journal of Agricultural and Resource Economics, 62, pp. 237, 10.1111/1467-8489.12243
  • Kassa Tarekegn, (2021), Agriculture & Food Security, 10, pp. 1, 10.1186/s40066-021-00337-2
  • Mateusz Tomal, (2020), Agriculture (Switzerland), 10, pp. 1, 10.3390/agriculture10050183
  • Juan Torres, (2016), Sustainability (Switzerland), 8, pp. 1, 10.3390/su8090918
  • (2019), pp. 14, 10.1596/978-1-4648-1328-3