Article

Comparative Economic Studies (1997) 39 (2), 72–95; doi:10.1057/ces.1997.9

On the Quantitative Aspects of Hungarian Privatization

*This study, which owes its inception to the encouragement of Professor Janos Kornai, is part of a larger study by the author on the nature of Hungarian privatization.

Peter Mihalyi

Central European University (Budapest)

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Abstract

The objective of this paper is to provide a quantitative framework for the analysis of Hungarian privatization, and to do so within a framework that will make international comparisons meaningful. We analyze the underpinnings of Hungarian privatization first by focusing on methodological issues, and second, by analyzing Hungarian data to understand the nature of measurement problems underlying the privatization process during the 1990s*

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