The factors influencing the profitability of leased land on dairy farms in Ireland

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dc.contributor.author Bradfield, Tracy
dc.contributor.author Butler, Robert
dc.contributor.author Dillon, Emma J.
dc.contributor.author Hennessy, Thia
dc.date.accessioned 2020-04-28T09:15:05Z
dc.date.available 2020-04-28T09:15:05Z
dc.date.issued 2020-04-10
dc.identifier.citation Bradfield, T., Butler, R., Dillon, E. J. and Hennessy, T. (2020) 'The factors influencing the profitability of leased land on dairy farms in Ireland', Land Use Policy, 95, 104649 (10 pp). doi: 10.1016/j.landusepol.2020.104649 en
dc.identifier.volume 95 en
dc.identifier.startpage 1 en
dc.identifier.endpage 10 en
dc.identifier.issn 0264-8377
dc.identifier.uri http://hdl.handle.net/10468/9877
dc.identifier.doi 10.1016/j.landusepol.2020.104649 en
dc.description.abstract The Republic of Ireland possesses a land market that is constrained by minimal sales each year, less than 1%. In an effort to capitalise on milk quota abolition and to increase dairy production, a suite of tax incentives has recently been introduced in the Republic of Ireland to encourage land mobility and long-term leasing among Irish dairy farmers. Using Irish Farm Accountancy Database Network (FADN) data from 2011–2017 to examine this, a Heckman sample selection model explores two aspects; (i) the factors that influence a farmer’s decision to rent, or continue renting, land and (ii) the profitability of dairy farmers renting in land. We find self-selection into the rental market is driven by farm traits that include a high level of hired labour, the presence of a successor, intensive farming practices and dairy discussion group membership. The results show that rental agreements assist farms in achieving economies of scale. The findings provide evidence to support government intervention such as tax incentives for renting out land and knowledge sharing discussion groups. en
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Elsevier en
dc.relation.uri https://www.sciencedirect.com/science/article/pii/S0264837719315340
dc.rights © 2020 Elsevier Ltd. All rights reserved. This manuscript version is made available under the CC BY-NC-ND 4.0 license. en
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/4.0/ en
dc.subject Agricultural rented land en
dc.subject Dairy en
dc.subject Land policy en
dc.subject Performance en
dc.title The factors influencing the profitability of leased land on dairy farms in Ireland en
dc.type Article (peer-reviewed) en
dc.internal.authorcontactother Tracy Bradfield, Economics, University College Cork, Cork, Ireland. +353-21-490-3000 Email: tracy.bradfield@ucc.ie en
dc.internal.availability Full text available en
dc.check.info Access to this article is restricted until 36 months after publication by request of the publisher. en
dc.check.date 2023-04-10
dc.date.updated 2020-04-28T09:01:43Z
dc.description.version Accepted Version en
dc.internal.rssid 510352977
dc.contributor.funder Teagasc en
dc.description.status Peer reviewed en
dc.identifier.journaltitle Land Use Policy en
dc.internal.copyrightchecked Yes
dc.internal.licenseacceptance Yes en
dc.internal.IRISemailaddress tracy.bradfield@ucc.ie en
dc.internal.IRISemailaddress thia.hennessy@ucc.ie en
dc.identifier.articleid 104649 en


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© 2020 Elsevier Ltd. All rights reserved. This manuscript version is made available under the CC BY-NC-ND 4.0 license. Except where otherwise noted, this item's license is described as © 2020 Elsevier Ltd. All rights reserved. This manuscript version is made available under the CC BY-NC-ND 4.0 license.
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