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Testing for market integration among southern pine regions

✍ Scribed by Runsheng Yin; David H. Newman; Jacek Siry


Book ID
117851705
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
398 KB
Volume
8
Category
Article
ISSN
1104-6899

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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