Price adjustment and land valuation in the soviet agricultural reform: A view using Lithuanian farm data
研究了苏联土地制度改革中，由于价格扭曲和缺乏土地市场导致的土地估值困难，利用立陶宛1032个集体和国营农场的1986-1987年数据，估计了土地边际价值产品，并比较了基于实际生产者价格和边境价格的估值差异。
Changes in land tenure in the USSR require that agricultural producers pay for land use. The current distorted pricing system plus the absence of functioning land markets complicate land valuation, and slow adoption of new property relations. In a well functioning market economy, agricultural land would earn its marginal value product in agricultural production. This value can be measured empirically from production data, and can serve as an appropriate initial value for users' fees. Marginal value products for land are estimated for 1032 collective and state farms in Lithuania using farm level data for 1986 and 1987. The marginal value products derived from actual received producer prices are compared to those derived from border prices with alternative assumed exchange rates for the ruble.