The degree of competition and level of price transmission in food markets have important effects on the welfare level of consumers and producers. Thus, substantial attention has been paid to the analysis of price transmission in food markets. Traditionally, price transmission analyses have...

Recent time series studies reject the hypothesis of catching up in terms of international per capita incomes as derived from the traditional neoclassical growth model. In turn, they seem to support new theories of economic growth which are capable of explaining persistent international...