One of the main drawbacks of current methods to measure market integration is the assumption of constant transaction costs. In this paper, we propose a non-parametric extension to the commonly used threshold models, allowing us to estimate transaction costs in a more flexible way. We illustrate the method using weekly price data on maize collected in selected markets in Mozambique.Non-PRIFPRI1; Theme 6; Subtheme 6.2; GRP32; MozSSPDSG
This paper presents an alternative technique to analyze market integration using price data, linking...
In most African countries, spatial dispersion of production and consumption often results in high tr...
This article demonstrates and highlights the conceptual limits of current empirical market integrati...
One of the main drawbacks of current methods to measure market integration is the assumption of cons...
Applied econometric analyses of market integration based on price data alone have been criticised, b...
Hansen and Seo’s multivariate threshold cointegration model is used to characterize integration betw...
Since well-functioning markets are important for economic development, policymakers need to make sur...
Pushed by increasing availability of price data and extensive market liberalisation efforts in many ...
We investigate measurement of market integration of staple food markets in developing countries. The...
The primary objective of this research was to measure the extent of market integration between major...
Spatial price integration among five major Bangladesh rice markets is examined in the presence of th...
The analysis of price transmission plays a key role in understanding markets integration. This helps...
We propose a modification of Baulch's parity bounds model to measure the market integration of food ...
Recent studies into price transmission have recognized the important role played by transport and tr...
The degree to which markets are spatially efficient has important implications for market liberaliza...
This paper presents an alternative technique to analyze market integration using price data, linking...
In most African countries, spatial dispersion of production and consumption often results in high tr...
This article demonstrates and highlights the conceptual limits of current empirical market integrati...
One of the main drawbacks of current methods to measure market integration is the assumption of cons...
Applied econometric analyses of market integration based on price data alone have been criticised, b...
Hansen and Seo’s multivariate threshold cointegration model is used to characterize integration betw...
Since well-functioning markets are important for economic development, policymakers need to make sur...
Pushed by increasing availability of price data and extensive market liberalisation efforts in many ...
We investigate measurement of market integration of staple food markets in developing countries. The...
The primary objective of this research was to measure the extent of market integration between major...
Spatial price integration among five major Bangladesh rice markets is examined in the presence of th...
The analysis of price transmission plays a key role in understanding markets integration. This helps...
We propose a modification of Baulch's parity bounds model to measure the market integration of food ...
Recent studies into price transmission have recognized the important role played by transport and tr...
The degree to which markets are spatially efficient has important implications for market liberaliza...
This paper presents an alternative technique to analyze market integration using price data, linking...
In most African countries, spatial dispersion of production and consumption often results in high tr...
This article demonstrates and highlights the conceptual limits of current empirical market integrati...