Skip to Main Navigation

Why has Poland avoided the price liberalization trap : the case of the hog-pork sector (Inglês)

Price liberalization in the agri food economy in the transition economies is likely to slip into a trap: food prices rocket up, consumption declines, but food supply does not catch up and even contracts. However, during the transition period following the 1989 price liberalization, the Polish hog-pork sector succeeded in avoiding this trap. By conducting market structure and econometric analysis, this article looks for the reasons for this success. In the Polish hog-pork sector the restructuring of state-owned enterprises and the emergence of private firms introduced an effective price transmission mechanism between the processing-retailing and farm levels. This mechanism allowed farm supply to respond to changed demand and to take advantage of increased retail prices. Such a relatively efficient marketing system was made possible by a relatively stable macroeconomic environment and limited government intervention.




Versão oficial do documento (pode conter assinaturas, etc.)

  • PDF oficial
  • TXT*
  • Total Downloads** :
  • Download Stats
  • *A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.