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Land markets have received a considerable amount of attention in economic literature. Since the treatment of the topic covers various approaches, areas, and questions, it seems desirable to attempt an overview of the results.
This paper analyzes the functioning of land rental markets in the Dominican Republic using a new data set collected specifically to characterize the entire market. We analyze the choice of the landlords and the tenants in the search for the optimal partner.
Within the framework of decreasing support for agricultural incomes by market measures, the per-hectare premiums (ha-premiums) clearly have the task and the effect to stabilise farm incomes.