Measuring Product-Market Integration

Michael M. Knetter and Matthew J. Slaughter

No 6969, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Globalization -- the integration of national economies -- has become one of the most widely used buzzwords of the late 20th century. Yet there are remarkably few statistical measures of product-market integration across time, countries, and goods. In this paper we present some new measures of product-market integration based on price and quantity data. We find evidence of greater integration, but we also find that this process has not been uniform over time, countries, or goods.

JEL-codes: F15 F30 (search for similar items in EconPapers)
Date: 1999-02
Note: ITI
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Published as Festschrift in Honor of Bob Lipsey, NBER Conference Volume, Blomstrom, Magnus and Linda Goldberg, eds., 2000, forthcoming.
Published as Measuring Product-Market Integration , Michael M. Knetter, Matthew J. Slaughter. in Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey , Blomstrom and Goldberg. 2001

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