The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries
In Serbia it is prescribed that foreign legal or natural persons could not become owners of agricultural land, while in Montenegro, Croatia and The Federation of Bosnia and Hercegovina there is the ban for both agricultural and forest land. The aim of this paper is to show that such a ban creates an...
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University of Novi Sad, Faculty of Law
2013-01-01
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Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2013/0550-21791302515B.pdf |
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doaj-98f86f313f11467e93342291d22095bd2020-11-24T22:45:17ZengUniversity of Novi Sad, Faculty of LawZbornik Radova: Pravni Fakultet u Novom Sadu0550-21792406-12552013-01-0147251553110.5937/zrpfns47-44460550-21791302515BThe ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countriesBaturan Luka0University of Novi Sad, Faculty of Law, Novi Sad, SerbiaIn Serbia it is prescribed that foreign legal or natural persons could not become owners of agricultural land, while in Montenegro, Croatia and The Federation of Bosnia and Hercegovina there is the ban for both agricultural and forest land. The aim of this paper is to show that such a ban creates an economic environment where an optimal allocation of agricultural and forest land as a production factor could not be achieved. The cost - benefit analysis shows that main gainers are domestic producers and buyers of land who are able to realize a monopoly profit, whereas sellers of land are at loss, getting a lower economic rent, as well as foreign buyers. A total loss of domestic sellers only is bigger than a total profit of buyers. In the end, it is being pointed to a relativity of the ban, in the sense of a possibility to easily get past the ban through provisions of the other norms. The conclusion points out that an eventual suspension of the ban would stimulate efficiency of domestic economies and an increase in the neto welfare.http://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2013/0550-21791302515B.pdfagricultural landforest landproperty rightforeigners |
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language |
English |
format |
Article |
sources |
DOAJ |
author |
Baturan Luka |
spellingShingle |
Baturan Luka The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries Zbornik Radova: Pravni Fakultet u Novom Sadu agricultural land forest land property right foreigners |
author_facet |
Baturan Luka |
author_sort |
Baturan Luka |
title |
The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries |
title_short |
The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries |
title_full |
The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries |
title_fullStr |
The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries |
title_full_unstemmed |
The ban on foreigners acquiring property rights on agricultural and forest land in Serbia and other region countries |
title_sort |
ban on foreigners acquiring property rights on agricultural and forest land in serbia and other region countries |
publisher |
University of Novi Sad, Faculty of Law |
series |
Zbornik Radova: Pravni Fakultet u Novom Sadu |
issn |
0550-2179 2406-1255 |
publishDate |
2013-01-01 |
description |
In Serbia it is prescribed that foreign legal or natural persons could not become owners of agricultural land, while in Montenegro, Croatia and The Federation of Bosnia and Hercegovina there is the ban for both agricultural and forest land. The aim of this paper is to show that such a ban creates an economic environment where an optimal allocation of agricultural and forest land as a production factor could not be achieved. The cost - benefit analysis shows that main gainers are domestic producers and buyers of land who are able to realize a monopoly profit, whereas sellers of land are at loss, getting a lower economic rent, as well as foreign buyers. A total loss of domestic sellers only is bigger than a total profit of buyers. In the end, it is being pointed to a relativity of the ban, in the sense of a possibility to easily get past the ban through provisions of the other norms. The conclusion points out that an eventual suspension of the ban would stimulate efficiency of domestic economies and an increase in the neto welfare. |
topic |
agricultural land forest land property right foreigners |
url |
http://scindeks-clanci.ceon.rs/data/pdf/0550-2179/2013/0550-21791302515B.pdf |
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AT baturanluka thebanonforeignersacquiringpropertyrightsonagriculturalandforestlandinserbiaandotherregioncountries AT baturanluka banonforeignersacquiringpropertyrightsonagriculturalandforestlandinserbiaandotherregioncountries |
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