The phenomenon of cyclical fluctuations on the pork market - global perspective

The aim of publication was to recognize the characteristics and morphology of today’s hog cycle. The hypothesis was that known in the economy since the second half of the nineteenth century hog cycle is also a typical phenomenon in the contemporary economy. It is also claimed that cyclical supply ch...

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Main Authors: Stępień Sebastian, Polcyn Jan
Format: Article
Language:English
Published: Faculty of Law and Economic Sciences University of Zielona Góra 2016-05-01
Series:Management
Subjects:
Online Access:http://www.degruyter.com/view/j/manment.2016.20.issue-1/manment-2015-0046/manment-2015-0046.xml?format=INT
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author Stępień Sebastian
Polcyn Jan
author_facet Stępień Sebastian
Polcyn Jan
author_sort Stępień Sebastian
collection DOAJ
description The aim of publication was to recognize the characteristics and morphology of today’s hog cycle. The hypothesis was that known in the economy since the second half of the nineteenth century hog cycle is also a typical phenomenon in the contemporary economy. It is also claimed that cyclical supply changes of pig meat are not synchronized between countries. Fluctuations in production are country-specific and are influenced by local conditions. While in the case of pork prices there is a characteristic broad convergence of cycle between countries. Development of world trade exchange and economic integration of groups of countries lead to uniformity of cyclical changes in prices. The study included the world economy and eight selected countries with the largest share in the global production and/or foreign trade. The time range of empirical analysis (analyzing fluctuations in supply and prices) concerned the period 1991-2012.
format Article
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institution Kabale University
issn 1429-9321
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language English
publishDate 2016-05-01
publisher Faculty of Law and Economic Sciences University of Zielona Góra
record_format Article
series Management
spelling doaj-art-a011af9a6e924cb49ecbcb9c495e45202025-08-20T03:34:57ZengFaculty of Law and Economic Sciences University of Zielona GóraManagement1429-93212299-193X2016-05-0120138239610.1515/manment-2015-0046manment-2015-0046The phenomenon of cyclical fluctuations on the pork market - global perspectiveStępień Sebastian0Polcyn Jan1Ph.D. Poznań University of Economics and BusinessPh.D. Stanisław Staszic University of Applied Sciences in PiłaThe aim of publication was to recognize the characteristics and morphology of today’s hog cycle. The hypothesis was that known in the economy since the second half of the nineteenth century hog cycle is also a typical phenomenon in the contemporary economy. It is also claimed that cyclical supply changes of pig meat are not synchronized between countries. Fluctuations in production are country-specific and are influenced by local conditions. While in the case of pork prices there is a characteristic broad convergence of cycle between countries. Development of world trade exchange and economic integration of groups of countries lead to uniformity of cyclical changes in prices. The study included the world economy and eight selected countries with the largest share in the global production and/or foreign trade. The time range of empirical analysis (analyzing fluctuations in supply and prices) concerned the period 1991-2012.http://www.degruyter.com/view/j/manment.2016.20.issue-1/manment-2015-0046/manment-2015-0046.xml?format=INTpork meat marketcyclical fluctuationssupplypricesglobal perspective
spellingShingle Stępień Sebastian
Polcyn Jan
The phenomenon of cyclical fluctuations on the pork market - global perspective
Management
pork meat market
cyclical fluctuations
supply
prices
global perspective
title The phenomenon of cyclical fluctuations on the pork market - global perspective
title_full The phenomenon of cyclical fluctuations on the pork market - global perspective
title_fullStr The phenomenon of cyclical fluctuations on the pork market - global perspective
title_full_unstemmed The phenomenon of cyclical fluctuations on the pork market - global perspective
title_short The phenomenon of cyclical fluctuations on the pork market - global perspective
title_sort phenomenon of cyclical fluctuations on the pork market global perspective
topic pork meat market
cyclical fluctuations
supply
prices
global perspective
url http://www.degruyter.com/view/j/manment.2016.20.issue-1/manment-2015-0046/manment-2015-0046.xml?format=INT
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