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Inter-Regional Price Convergence and Market Integration in Russia

✍ Scribed by Konstantin Gluschenko


Publisher
Springer US
Year
2005
Tongue
English
Weight
145 KB
Volume
11
Category
Article
ISSN
1083-0898

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## Abstract Recent studies of spatial market integration have adopted error correction models to test for its existence and for market dominance. An integrated empirical framework is proposed here which tests for long‐run spatial market integration between price pairs using a dynamic vector autoreg