Abstract

Land rent has been the subject of consideration of both classical and neoclassical economic theory. In contemporary economic conditions this issue has not lost its importance although, today, land rent is considered in the context of sustainable and human development and the protection and preservation of natural resources. As long there is a monopoly on natural resources (land, mineral wealth, forest) there will be valorization of the ownership rights through rent appropriation. Basic forms of land rents are: absolute, differential I and II and monopoly land rent. Land rent and lease are not always the synonyms, since lease includes, in addition to rent, the compensation for all capitals attached to the land. In this paper, the author has focused on the issues related to the lease of state- owned agricultural land in Serbia and the problems which appear in practice pertaining to the realization of preemptive rights. From previous experience it can be seen that the use of state-owned agricultural land in Serbia has not been efficient, as well as the application of the regulated legal procedures, which is often running late. Consequently, it is the state itself and farmers who suffer the greatest damage. There is a large area of state-owned agricultural land which remains uncultivated and, therefore, the state cannot valorize its ownership right over this land through rent appropriation.

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