The authors study the impact of a land reform on the current land policy and land resource management in the Republic of Estonia.Information is given on the new land policy, and the resource management and land use system.The land reform is aimed at municipalisation, privatisation and denationalisation of property.The authors describe mechanisms of the Roman-Germanic land management model, which replaced the former Soviet model in Estonia.The paper demonstrates that this model proves to be beneficial for developing Estonia's land market and enhancing land use efficiency, especially in the agrarian sector.The positive trends noted in land market development, and production and investment activities for land use purposes indicate that Estonia's land resources are a reliable strategic target for investment.
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Богданов et al. (2017) studied this question.
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