Decoupled subsidies drive up agricultural land prices in rural Poland.
The article explores what factors influence the prices of agricultural land in Poland, focusing on different types of rural areas. The researchers analyzed data from over 600 land transactions between 2010-2013 to understand how land use values, amenities, and public payments affect land prices. They found that direct payments for specific areas mainly impact land values in peripheral regions, while payments for public goods under the SAPS system decrease land value as they do not compensate for other ways to make money from the land.