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Regional Economics: Theory and Practice
 

Shadow economy in local markets for land: collapse or property reform's prospects

Vol. 12, Iss. 20, MAY 2014

Available online: 3 June 2014

Subject Heading: DEVELOPMENT OF AGRICULTURAL SECTOR

JEL Classification: 

Pages: 17-26

Rogova M.V. V.B. Sochava Institute of Geography, Siberian Branch of Russian Academy of Sciences, Irkutsk, Russian Federation
traveller-irk@ya.ru

The article reveals specifics and features of land markets at a municipal level, existing due to the property and local self-government reforms being carried out. The research conclusions are important to forecast the rural communities' development in the Baikal region. The author considers the land worth household and family business and plots' high price incomparable with the life and income standards of population of the rural communities.

Keywords: local market for land, shadow economy, pricing policy, rural communities

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