With the emergence of large, horizontally integrated farm enterprises especially in Eastern European countries, the question arises whether these agroholdings exercise market power in (local) land markets. Using a theoretical framework of spatial competition that accounts for the presence of multi-farm agroholdings, we derive equilibrium prices under alternative spatial competition settings. Based on the investigation of Ukrainian farms, we provide theoretical explanations and empirical support for farms affiliated with an agroholding possessing (ceteris paribus) more land and setting higher land rental prices compared to independent farms. The results indicate that agroholdings may act as price leaders in local land markets.

中文翻译：

---

农业所有权和土地租赁市场：空间竞争的观点

随着大型，水平整合的农业企业的兴起，尤其是在东欧国家，出现了这样的问题：这些农作物是否在（当地）土地市场上行使市场支配力。使用空间竞争的理论框架，该框架考虑了多农场农业经营的存在，我们得出了替代性空间竞争环境下的均衡价格。根据对乌克兰农场的调查，与独立农场相比，我们为与农作物所有权相关的农场提供了理论解释和经验支持（小山羊皮），并确定了更高的土地租金。结果表明，农作企业可能在当地土地市场上扮演着价格领导者的角色。