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In the context of integrated market, a price of any product in regions depends on its demand in a national market rather than in a regional one. Applying the econometric model based on this theoretical statement, the paper assesses to degree the markets of some food products are integrated. The...
Persistent link: https://www.econbiz.de/10005764154
The impact of organized crime on inter-regional price disparities in Russia is estimated for each year from 1992 to 2000, and over the panel of 1993-2000, using a sample of 70 Russian regions, and that of 50 regions from the European part of the country. The relationship between prices and crime...
Persistent link: https://www.econbiz.de/10005764213
A cross-sectional relationship between price dispersion among Russian regions and per capita income dispersion is used to measure the degree of integration between regional commodity markets. The sequence of cross-sectional estimations for each month of the period spanning 1992 through 2000...
Persistent link: https://www.econbiz.de/10005764262