ECONOMIC VALUATION OF LAND IN AGRICULTURE
Economic valuation of the land reflects the relative value of it as a special means of production in agriculture, according to objective conditions in the natural-economic regions. At the heart of the economic evaluation are the differences in soil quality caused by both natural and economic conditions of production. In economic evaluation of land are determined by the degree of influence of soil quality on such key economic indicators such as gross output, gross and net income, profits, etc.
Gross output value is defined as a derivative of the crop (the main and side products) and land prices are a particular type of product (Cp).
The latter is calculated as follows:
Cp = C + PP
where C – cost of production of a specific type of product, rub. / c;
Nn – the size of the surplus product, rub. / C.
The criteria for economic evaluation of land accepted value of gross output, gross and net income per 1 ha of soil differences. The best land on the quality and long-term average economic indicators are estimated at 100 points.The standard of 100 points taken performance of the south, the deep black soil (Krasnodar Territory). Scale of assessment of other types of soil is defined as the ratio of the value of gross output, gross and net income of each group being compared agroindustrial soil to that of the standard.
Payback (0z) in the land is determined using the following formula:
Oz = MF / Edit
where PV – Gross output value of inventory cost, rubles / ha;
3m – material costs per 1 hectare of land, now.
As additional indicators in determining the effectiveness of land use can be used:
- The proportion of agricultural land in total land area,%;
- The proportion of arable land in the structure of agricultural land,%;
- The proportion of crops in the area of arable land,%.