In this paper, we test for the existence of a common component in agricultural land auctions in eastern Germany during the price boom 2007-2018 and discuss respective policy implications. Using a large, detailed dataset of auctions, we can rely on professional appraisals of the auctioned good...

The increasing demand for agricultural commodities for food and energy purposes has led to intensified agricultural production. This trend may manifest in agricultural compositions and landscape configurations that can have mixed and adverse impacts on the provision of ecosystem services. We...