We ask how normative statements are possible within an economic theory framework that recognises the importance of institutional arrangements. Instead of applying established outcome-oriented criteria of social welfare, we examine whether the rules of economic interaction allow the acquisition...

‘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,...

Even after more than 15 years of transition from plan to market, agriculture in Ukraine still faces many challenges in terms of its structure. The evidence in the literature points to significant heterogeneity of technical efficiency and productivity scores in Ukraine. Moreover, both the...

We investigate competitiveness and price behaviour in the Israeli citrus export sector following the removal of the government export monopoly and the entry of private export companies in 1991. We identify asymmetric price transmission for some exporters even in the liberalized market which only...

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...

‘Productivity and efficiency growth enhances competitiveness’. Similarly formulatedstatements 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,...