Spatial market integration and the dynamics of transaction costs in the Chinese soy bean market
Stephan Brosig,
Enno-Burghard Weitzel,
Thomas Glauben,
Tigran Poghosyan and
Scott Rozelle
EconStor Open Access Articles and Book Chapters, 2007, vol. 6, issue 5, 431-437
Abstract:
The development over time of market integration between Chinese provinces is analyzed by estimating threshold vector error correction models for rolling windows during 1998-2003. Transaction costs clearly decrease during this period characterized by liberalization of external trade and domestic markets.
Keywords: Threshold Cointegration; Spatial Market Integration; China; Transaction Costs (search for similar items in EconPapers)
JEL-codes: C32 F15 F16 N55 Q13 Q17 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:80716
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