Long-Term Evolution of Russia’s Market Integration

Konstantin Gluschenko

Studies on Russian Economic Development, 2021, vol. 32, issue 1, 78-86

Abstract: Abstract This article considers an aggregated national market represented by a staples basket and analyzes changes in its spatial integration during 1992 to 2019. In an integrated market, interaction of demand and supply in the national space, and not in a regional space, determines the regional price of a good. Based on this, the extent of dependence of regional prices on regional quantities demanded serves for measuring the degree of market integration.

Keywords: market integration; price dispersion; Russian regions (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1134/S1075700721010068

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