Spatial market integration and the dynamics of transaction costs in the Chinese soy bean market

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.

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Year of publication:	2007
Authors:	Brosig, Stephan ; Weitzel, Enno-Burghard ; Glauben, Thomas ; Poghosyan, Tigran ; Rozelle, Scott
Published in:	EconStor Open Access Articles. - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft (ZBW). - 2007, p. 431-437
Publisher:	Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft (ZBW)
Subject:	Threshold Cointegration \| Spatial Market Integration \| China \| Transaction Costs

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Extent:	application/pdf
Type of publication:	Article
Classification:	C32 - Time-Series Models ; F15 - Economic Integration ; F16 - Trade and Labor Market Interactions ; N55 - Asia including Middle East ; Q13 - Agricultural Markets and Marketing; Cooperatives; Agribusiness ; Q17 - Agriculture in International Trade
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010954573