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The purpose of this research was to develop an economic model of agri-food sector's growth. The model presented includes the demand side based on behaviors of consumer on retail as well as a food processor on farm markets as opposite to the supply side based on farm producer's behavior
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Pig production is subject to fluctuations due to the pig cycle. These fluctuations cause that the supply of pork is either excessively high or too low in relation to a given demand assumed on the ceteris paribus principle. In the former case, the prices of pork, especially livestock, are high,...
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In this article, attention is focused on the prices of production factors (capital, labour and land) and their relationships. We indicate here their exogenous character based on the author's analytical approach. In addition, we derive the dependencies, while drawing from the theory of...
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