RESEARCH PAPER
THE HISTORY OF RESEARCH ON THE PIG CYCLE
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Institute of Agricultural and Food Economics – National Research Institute Warsaw
Acceptance date: 2010-03-21
Publication date: 2010-03-21
Zagadnienia Ekonomiki Rolnej / Problems of Agricultural Economics 2010;322 (Suplement)(1):207-217
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ABSTRACT
The subject of the author's considerations is the pig cycle phenomenon which had been first formulated by Samuel Benner in 1895. Since then, the mechanism of the pig cycle has been investigated and discussed by many foreign and Polish scientists. The key fields of American studies on the pig cycle such as: reasons for cyclic development of pig production, cobweb theorem, duration of the cycle and its particular phases, are presented in the article. The results of researches conducted during the last several years are also discussed.
An important part of the article is devoted to the Polish pig cycle in both pre- and post World War II periods. In the post-war period the researchers dealing with the pig cycle problem had to face a difficult question whether cyclic fluctuations of hog production could take place in centrally planned economy.
The Article points also to a very practical aspect of the study, related to stabilization of the pig market. Different approaches to agricultural policies in different countries and periods are also presented.