Пространственная интеграция региональных рынков Сибири

Spatial Integration of Siberian Regional Markets

Konstantin Gluschenko

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyzes integration of 13 regions constituting Siberia with all country’s regions. The criterion of market integration is the law of one price. The data analyzed are time series of the cost of the staples basket over 2001–2015. Pairs of regional markets are divided into four groups: perfectly integrated, conditionally integrated, not integrated but tending towards integration (converging), and neither integrated nor converging.

Keywords: market integration; law of one price; price convergence; nonlinear trend; Russian regions (search for similar items in EconPapers)
JEL-codes: C32 L81 P22 R15 (search for similar items in EconPapers)
Date: 2018-09
New Economics Papers: this item is included in nep-cis and nep-tra
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https://mpra.ub.uni-muenchen.de/88920/1/MPRA_paper_88920.pdf original version (application/pdf)

Related works:
Working Paper: Spatial Integration of Siberian Regional Markets (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:88920

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