‘Productivity and efficiency growth enhances competitiveness’. Similarly formulated statements are common in the literature on the economic performance of firms, industries and nations. This conventional perception in the economic literature, originating from trade and growth theory models,...

The development of pork prices has been analysed since the 1920s. Well known economic concepts such as Hanau’s pork cycle or Ezekiel’s cobweb theorem are based on the empirical analysis of pork markets. We analyze whether pork price developments in different countries have become...