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Abstract
Investments represent basic source and mean for creation and increase of
national wealth in each country, then for undisturbed development of reproduction
process as well as for implementation of development goals. Structural adjustment
of economy, particular economic branches and economic subjects, beside other
relevant factors, to a great extent depend upon adequate size and structure of
available investment capital.
Agrarian economy of transition countries is facing with the capital lack
problem for investment needs as well as structural adjustment toward requirements
necessary as an imperative during preparation period for European integrations. In
the situation when available investment capital is lacking, while the needs for the
capital are significant, it is very important to direct properly existing financial
resources into those purposes and projects where it could be achieved the highest
investment economic effectiveness. Having in mind segmentation of land property
both in Serbia and in surrounding countries, a need for investments into the land
purchase appears as one of priority investment purposes. In this paper it is
presented the microeconomic model of capital investments into agricultural land as
one of possible methodological approaches in adequate and correct decisionmaking
process on investments into agricultural land purchase.