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Lookup NU author(s): Dr Philip Dawson
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Purpose - The purpose of this paper is to identify cyclical patterns in the prices and production of UK pigmeat, 1989-2008. Design/methodology/approach - The approach takes the form of spectral analysis. Findings - Results show evidence of both annual and seasonal cycles, but there is little evidence of a three-to-four-year cycle. The likely cause of the latter's absence is increasing imports and a changing market structure. Practical implications - Conventional wisdom is that the traditional pig cycle is of three-to-four years' duration and the UK's pig policy is based partly on its existence and that the design and implementation of UK pig policy are predicated on the basis of a traditional cycle is misplaced. Originality/value - No previous or recent empirical investigation of the UK pig cycle exists, perhaps because its existence is considered to be axiomatic.
Author(s): Dawson PJ
Publication type: Article
Publication status: Published
Journal: British Food Journal
Year: 2009
Volume: 111
Issue: 11
Pages: 1237-1247
Print publication date: 01/01/2009
ISSN (print): 0007-070X
ISSN (electronic): 1758-4108
Publisher: Emerald Group Publishing Ltd.
URL: http://dx.doi.org/10.1108/00070700911001059
DOI: 10.1108/00070700911001059
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