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Evaluating privatization in Hungary's wine industry: A framework for analysis

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Listed:
  • Kirby Moulton

    (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)

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.

Suggested Citation

  • Kirby Moulton & Peter Botos, 1994. "Evaluating privatization in Hungary's wine industry: A framework for analysis," Agribusiness, John Wiley & Sons, Ltd., vol. 10(3), pages 193-205.
    • Handle: 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
    as

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    References listed on IDEAS

    as
    1. Karp, Larry & STEFANOU, SPIRO, 1995. "Prospects and Policy for Central and East European Agriculture," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt0wk3n1dd, Department of Agricultural & Resource Economics, UC Berkeley.
    2. John Vickers & George Yarrow, 1991. "Economic Perspectives on Privatization," Journal of Economic Perspectives, American Economic Association, vol. 5(2), pages 111-132, Spring.
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