Inter-regional Variability of Inflation Rates
Glushchenko Konstantin ()
Authors registered in the RePEc Author Service: Konstantin Gluschenko ()
EERC Working Paper Series from EERC Research Network, Russia and CIS
Theoretical considerations suggest that as market institutions are developing in Russian regions, the divergence of regional consumer price levels, which has been caused by the price liberalization of 1992, should give way to price level convergence. Using price dynamics data (overall consumer price indices, food price indices, manufactured goods price indices, service price indices) across 7 regions of West Siberia over 1992–1998, the tendency of such convergence is studied. The speed in which regional price levels converge to the national price level and to the price levels of other regions is estimated. Besides that, the price differential thresholds, below which interregional arbitrage becomes unprofitable, are also estimated.
Keywords: Russia; law of one price; price differential; inflation; market integration; Russia; transition; privatization; restructuring; Russia; transition; privatization; restructuring (search for similar items in EconPapers)
JEL-codes: E31 P22 R12 (search for similar items in EconPapers)
Pages: 63 pages
New Economics Papers: this item is included in nep-ifn
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12) Track citations by RSS feed
Downloads: (external link)
https://eercnetwork.com/default/download/creater/w ... 1bf3876759aedb72.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to eercnetwork.com:443 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)
Journal Article: Пространственное поведение уровней цен (2001)
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:eer:wpalle:99-17e
Ordering information: This working paper can be ordered from
EERC Research Network, Russia and CIS, 92/94, Dmytrivska Str., suite 404, Kyiv, 01135 Ukraine
Access Statistics for this paper
More papers in EERC Working Paper Series from EERC Research Network, Russia and CIS EERC Research Network, Russia and CIS, 92/94, Dmytrivska Str., suite 404, Kyiv, 01135 Ukraine.
Bibliographic data for series maintained by Anton Pashchenko ().