Multiple Inference and Market Integration: An Application to Swedish Fish Markets
Journal of Agricultural Economics, 2015, vol. 66, issue 1, 221-235
type="main" xml:id="jage12084-abs-0001"> This paper, in contrast to earlier studies, tests market integration using a methodology that accounts for the multiplicity problem inherent in testing several time series. This method minimises the risk of finding spurious evidence of market integration. We examine market integration among 12 fish species in Sweden by applying cointegration tests, which identify market integration for two separate clusters of species. Furthermore, we find that the Law of One Price holds for 6 of the 12 species considered.
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:jageco:v:66:y:2015:i:1:p:221-235
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0021-857X
Access Statistics for this article
Journal of Agricultural Economics is currently edited by David Harvey
More articles in Journal of Agricultural Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().