Evaluating privatization in Hungary's wine industry: A framework for analysis
Kirby Moulton and
Peter Botos
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Kirby Moulton: Cooperative Extensions, Department of Agricultural and Resource Economics, 207 Giannini Hall, University of California, Berkeley, CA 94720, Postal: Cooperative Extensions, Department of Agricultural and Resource Economics, 207 Giannini Hall, University of California, Berkeley, CA 94720
Peter Botos: Research Institute for Viticulture and Enology, Kecskemet, Hungary, Postal: Research Institute for Viticulture and Enology, Kecskemet, Hungary
Agribusiness, 1994, vol. 10, issue 3, 193-205
Abstract:
The future competitiveness of central and eastern European countries will depend, to a large part, on the strategies chosen for the privatization of their agricultural sectors. This article develops a heuristic framework to test alternative privatization strategies against criterion variables important for market competition and for achieving certain social objectives. The framework is tested against privatization of the Hungarian wine industry and indicates that the industry may be less competitive than planned. The analysis suggests how the approach can be used in other sectors and countries. © 1994 by John Wiley & sons, Inc.
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:10:y:1994:i:3:p:193-205
DOI: 10.1002/1520-6297(199405/06)10:3<193::AID-AGR2720100302>3.0.CO;2-O
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