Land prices and rents (apri_lpr)

National Reference Metadata in Euro SDMX Metadata Structure (ESMSAL)

Compiling agency: National Institute of Statistics


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes (including footnotes)
 



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1. Contact Top
1.1. Contact organisation

National Institute of Statistics
1.2. Contact organisation unit

Price Statistics Division
1.5. Contact mail address

16, Libertatii Av., Sector 5 RO-050706 Bucharest


2. Metadata update Top
2.1. Metadata last certified 17 December 2020
2.2. Metadata last posted 17 December 2020
2.3. Metadata last update 17 December 2020


3. Statistical presentation Top
3.1. Data description
  Land prices  Land rents 
Data description

The data set on land prices shows the average price of one hectare of agricultural land in the reference period (calendar year). The categories of land for which prices are observed are arable land and permanent grassland. The territorial classification of regional data is broken down according to the NUTS classification.

The agricultural land rent represents the price of renting one hectare of agricultural land in the reference period (calendar year).

 
3.2. Classification system
  Land prices  Land rents 
Classification system

The territorial classification of regional data on land prices is broken down according to the NUTS classification

Data set on land prices is broken down by land-use categories:

ARABLE LAND

PERMANENT GRASSLAND

The territorial classification of regional data on land rents is broken down according to the NUTS classification

Data set on land rents is not broken down by land-use categories.
3.3. Coverage - sector
  Land prices  Land rents 
Coverage - sector

NACE division 01 - agricultural sector

NACE division 01 - agricultural sector
3.4. Statistical concepts and definitions

Definition of the land price values

  Land prices  Land rents 
Definition of the land price values

According to the market price concept, the price of agricultural land (arable land, permanent grassland) is the price paid by the holder in free trade without deduction of taxes or levies (except deductible VAT) and without the inclusion of subsidies.

The land rents correspond mainly to the payment in kind made to the owner of land in return for him making assets available to other unit.
The costs of transferring ownership (therefore lawyer's fees, registration taxes and real estate) are excluded from collected selling/purchase price of agricultural land? Yes Not applicable. 
The value of deductible VAT is excluded from the price of agricultural land? Yes Yes
The entitlements related to the land are excluded from the collected selling/purchase/renting price of agricultural land? Yes Yes
The value of any buildings or dwellings situated on it and any other expenses related to other assets except the agricultural land (current maintenance expenditure on buildings, buildings insurance, depreciation of buildings, rents paid for the professional use of non-residential buildings etc.) are excluded from the price of agricultural land? Yes Yes
The value of any monetary compensation received by farmers for the sales/acquisition of the Utilized Agricultural Area is excluded from the collected selling/purchase price of agricultural land? Yes Not applicable. 
The value of any inheritances transfers related to the sold/purchased land is excluded from the collected selling/purchase price of agricultural land? Yes Not applicable. 
If you have replied NO to any of the above questions explain the reason why. 


EU Target Methodology

  Land prices  Land rents 
Does the data collection observe the land categories as specified in the EU Target Methodology?  Yes No
If not, please describe the differences. 

There is no distinction between the categories of land rented.


Other UAA categories

  Land prices  Land rents 
Does the price information provided to Eurostat include information on other UAA categories?  No No
If yes, specify which categories. 
3.5. Statistical unit
  Land prices  Land rents 
Reporting unit 

Administrative data

Administrative data
Observation unit 

Direct observation of the prices of purchase / sale of agricultural land.

Direct observation of prices of agricultural rent.
3.6. Statistical population
  Land prices  Land rents 
Does any kind of physical, economical or other threshold apply for data collection on land prices and rents? 

Administrative data

Administrative data
3.7. Reference area
  Land prices  Land rents 
Reference area

Entire country

Entire country
3.8. Coverage - Time
  Land prices Land rents
Time coverage 

2017-2019

2017-2019
When was the first survey/data collection on land prices and rents in line with common Target Methodology organised? 

Under the 2017 grant action

Under the 2017 grant action
3.9. Base period

Not available.


4. Unit of measure Top
  Land prices  Land rents 
Is the price provided in national currency?  Yes Yes
Is the data on area provided in hectares?  Yes Yes


5. Reference Period Top
  Land prices Land rents
Is the reference period used for rental price the calendar year?  Not applicable.  Yes
If not, specify the reference period used Not applicable. 


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements
  Land prices Land rents
Legal acts and other agreements 

The legal basis for the production of price indices by NIS Romania is ensured by:

- the Law no. 226/2009 on the organisation and functioning of official statistics in Romania;

- the National Statistical Programme;

- the Governments` Decision no. 957/2005 regarding the organisation and functioning of NIS Romania.

The legal basis for the production of price indices by NIS Romania is ensured by:

- the Law no. 226/2009 on the organisation and functioning of official statistics in Romania;

- the National Statistical Programme;

- the Governments` Decision no. 957/2005 regarding the organisation and functioning of NIS Romania.
6.2. Institutional Mandate - data sharing

Not available.


7. Confidentiality Top
7.1. Confidentiality - policy

The standards defining the confidentiality of statistical data are compliant with the Regulation (EC) No 223/2009 of the European Parliament and of the Council (11 March 2009), on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, also with Article 36 of the Law no. 226/2009 on the organisation and functioning of Official Statistics in Romania.

The article 36 in the Romanian Law on Statistics states that:

  • the statistical data are deemed confidential if they relate to a single person or legal entity or allow the identification, directly or indirectly, of the person or legal entity concerned;
  • the statistical data obtained from processing individual data should only be disseminated if after aggregation the results refer to at least 3 sources and if none of them has a weight bigger than 80%;
  • confidentiality does not extend to individual data on institutions and organisations financed from the state budget, unless such data are protected by laws and other special acts;
  • confidential statistical data collected by the producers of official statistics cannot be used as evidence in court or to establish rights and obligations for data providers to which it relates.
7.2. Confidentiality - data treatment
  Land prices Land rents
Confidentiality - data treatment 

According to the policy rules (see point 7.1).

According to the policy rules (see point 7.1).


8. Release policy Top
8.1. Release calendar

Not available for land and lease prices.
8.2. Release calendar access

Not available for land and lease prices.
8.3. Release policy - user access

Not available for land and lease prices.


9. Frequency of dissemination Top

The land prices are produced and published annually.


10. Accessibility and clarity Top
10.1. Dissemination format - News release

The land prices are not published at national level.
10.2. Dissemination format - Publications

Not available.
10.3. Dissemination format - online database

Not available.
10.4. Dissemination format - microdata access

Access to confidential data (microdata) for scientific purposes is the only exception to the rule that confidential data can only be used to produce official statistics.

More about the microdata access in case of Romanian’s INS could be find at the following link: NIS-microdata. However, for the time being there is no anonymized microdata available for agricultural land prices.
10.5. Dissemination format - other

Not available.
10.6. Documentation on methodology

Not available.
10.7. Quality management - documentation

Findings and recommendations of the task force on land prices and rents – A report presented at the WG meeting of the Agricultural Accounts and Prices on February 2017.


11. Quality management Top
11.1. Quality assurance

There is no automatic rejection of observed prices in our system. Each case (suspicious price) is considered individually and all modifications are on the basis of relevant information.

Prices are introduced in the system at local level by price collectors. A number of numerically checked on the entire data set at the local level is done by the supervisor. Any suspicious prices are then checked either with the price collectors or, if necessary, directly in the field.

Data files are transmitted to the central office after this checking. At the central level the price information locally collected is loaded into the database system after integrity control. The system has a built-in module in order to diagnose data errors and checks for possible missing and critical variables. The system generates a detailed report if errors are detected.
11.2. Quality management - assessment

Findings and recommendations of the task force on land prices and rents – A report presented at the WG meeting of the Agricultural Accounts and Prices on February 2017.


12. Relevance Top
12.1. Relevance - User Needs
  Land prices Land rents
Are the data on land prices and rents collected for national purposes (by NSI or any other national administration) in your country? 

No

No
Are there any differences between the current EU Target Methodology and the national methodology?  No No
If yes, please describe the differences. 
12.2. Relevance - User Satisfaction

Not available.
12.3. Completeness

All data required by common Target Methodology are covered. However further checks regarding the representativeness of the collected data on average land and rent prices should be performed.


13. Accuracy Top
13.1. Accuracy - overall

The accuracy cannot be quantified. However we expect that the accuracy on the overall level is higher than on a disaggregated level.
13.2. Sampling error

Not available.
13.3. Non-sampling error

The non-response rate is higher in the case of land prices and the main cause of that is the lack of transactions of purchase/sale of agricultural.


14. Timeliness and punctuality Top
14.1. Timeliness
  Land prices Land rents
Timeliness 

The land prices are transmitted to Eurostat and published each year, according to the pre-announced schedule, in general between days after the year in question.

The lease prices has stop to be collected since 2012.
When were data first released to the public? 

Not published nationally.

Not available.
14.2. Punctuality

Not available.


15. Coherence and comparability Top
15.1. Comparability - geographical
  Land prices Land rents
Comparability - geographical (regional) 

Agricultural land prices at national and regional level (NUTS0, NUTS I, NUTS II) are comparable to each other.

Agricultural lease prices at national and regional level (NUTS0, NUTS I, NUTS II) are comparable to each other.
15.2. Comparability - over time
  Land prices Land rents
Comparability - over time 

Land prices data of different years at national and regional level are comparable to each other.

Only for 2011 and 2012.
15.3. Coherence - cross domain

Not available.
15.4. Coherence - internal

Land prices are internal coherent. Higher level aggregations are derived from detailed average prices according to well-defined procedures.


16. Cost and Burden Top

Not available.


17. Data revision Top
17.1. Data revision - policy

The land and lease price data may be revised for mistakes, new or improved information, and changes in methodology.
17.2. Data revision - practice

The land and lease prices are final and are not subject of revisions unless the errors or mistakes are found.


18. Statistical processing Top
18.1. Source data
  Land prices Land rents
Source data 

Direct observation (a separate sample survey)

Direct observation (a separate sample survey)
18.2. Frequency of data collection
  Land prices Land rents
Are the data collected on the regular, annual, basis?  Yes Yes
If yes, since when? If not, what is the frequency of data collection? 

2011

2017
18.3. Data collection
  Land prices Land rents
Primary data collection method 

The questionnaire was distributed by e-mail, fax or direct contact to the respondent, by the operational staff from the regional statistical divisions.

The questionnaire was distributed by e-mail, fax or direct contact to the respondent, by the operational staff from the regional statistical divisions.
18.4. Data validation
  Land prices Land rents
Data validation 

See 11.1

See 11.1
18.5. Data compilation
  Land prices Land rents
Data compilation process 

The average prices of agricultural land and at different levels are calculated using an aggregation algorithm.

- The average price was calculated at the county level of land location, i.e. the average purchase and sales based on  quantitative data (ha) and value (lei) of transactions reported by agricultural holdings in counties (NUTS 3);

- The average price at the level of statistical development region (NUTS 2) was calculated as a weighted arithmetic average price of the counties components (vertical aggregation). Weights (%) were calculated based on irrigable arable land/irrigated pastures and meadows and the statistical collectivity behind the extraction of sample farms;

- The average price at the level of development macro-region statistics were calculated as weighted arithmetic average prices in the regions components (vertical aggregation);

- The average price for "Total arable land" is calculated as an arithmetic weighted average of prices for irrigated and non-irrigated arable land, using the weights of the two categories for each level of aggregation: counties, regions, macro-regions, total Romania (horizontal aggregation).

The average prices of agricultural rent at different levels at different levels were calculated using an aggregation algorithm.

- The average price at agricultural holding level. In a PRA survey, information on rent payments could refer to the payment in agricultural products equivalent. Therefore, the agricultural products (kg/ha) were transposed in lei at producer prices of 2011/2012. The average price was calculated as the simple arithmetic average of the value obtained from the equivalent value of agricultural products (lei/ha) and the value declared as payment in lei/ha in the questionnaire;

- The counties average price level was calculated at the counties location of rented areas. This represents the average value of rent and it is the ratio between the sum of values (the product of price lei/ha and leased area in ha in each reporting unit) and the amount of rented areas in the county. The average price at statistical development region level (NUTS 2) was calculated as a weighted arithmetic average of the prices of the component counties. Weights (%) were calculated based on irrigable arable land / irrigated pastures and meadows and the statistical collectivity behind the extraction of sample farms;

- The average price at statistical development macro-region level was calculated as weighted arithmetic average of prices in the component regions;

- At the country level, the average price is calculated as a weighted arithmetic average of the prices in macro-regions;

- Average prices for "Total arable land leased" and "Total leased land" is calculated as a weighted arithmetic average price of irrigable and without irrigable arable land rent, or rent prices for arable land irrigable and without irrigation, pastures and meadows, using weights corresponding these categories of land, for each level of aggregation: counties, regions, macro-regions, total Romania (horizontal aggregation).
Is the aggregation at country level carried out in accordance with the EU Target Methodology?  Yes Yes
How the aggregation at country level is carried out? 

The aggregation of the lower level land prices to the overall level was presented above under the data compilation process.

The aggregation of the lower level land prices to the overall level was presented above under the data compilation process.
18.6. Adjustment
  Land prices Land rents
Adjustment

Not applicable.

Not applicable.


19. Comment Top

No.


Related metadata Top


Annexes Top