@article{Majstorović:152813,
      recid = {152813},
      author = {Majstorović, Aleksandar and Dukić, Dragan and Zogović,  Mihajlo},
      title = {AN AGRICULTURAL LAND VALUE ASSESSMENT MODEL},
      journal = {Economics of Agriculture},
      address = {2013-07},
      number = {297-2016-3543},
      series = {Economics of Agriculture 2/2013},
      pages = {10},
      year = {2013},
      note = {Review Article},
      abstract = {The aim of this article is to establish and present a  model which is possible and necessary
to apply when  assessing the value of an agricultural land in the existing  economic, legal
and market framework of the Republic of  Serbia. This article is a preliminary and  integral
component of a broader research project titled  Value Assessment for Various Types of Real
Estate in the  Republic of Serbia and the Possibility of Their Expression  in Accounting,
realized at the Faculty of Real Estate  Management, Union Nikola Tesla University,
Belgrade. The  article presents only those preliminary results and the  model related to the
specified topic, and uses the methods  which are successfully employed, in this domain,
in the  developed countries, primarily in the USA, Germany and  France and which are
modified with respect to the legal  framework and market conditions in the Republic of
Serbia.  The topic is significant and relevant in light of the  announced privatization of 10,000
ha of agricultural land.  It is also possible to use this model to re-examine the  validity of
earlier agricultural land value assessments  within the process of privatization of certain
agricultural  properties.},
      url = {http://ageconsearch.umn.edu/record/152813},
      doi = {https://doi.org/10.22004/ag.econ.152813},
}