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This paper analyzes the spatial structure of goods market integration in Russia, characterizing regions into three states: (a) integrated, (b) not integrated but trending toward integration, and (c) not integrated and not trending toward integration.Using time series of the cost of a staples...
Persistent link: https://www.econbiz.de/10012148510
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/10009725491
After a period of growing disconnectedness of regional markets following the 1992 price liberalization in Russia, a process of improvement in market integration started since about 1994. This paper analyzes the spatial pattern of goods market integration in the country in 1994-2000,...
Persistent link: https://www.econbiz.de/10013135109
This paper documents that a large fraction of trade flows at the firm level consists of simultaneous imports and exports in identical products, narrowly defined at the 8-digit product classification, which we call Pass-On Trade, POT. We use data on imports and exports at the firm–product level...
Persistent link: https://www.econbiz.de/10013105082
This paper analyzes the impact of churning in the imported varieties of capital and intermediate inputs on firm export scope and productivity. Using detailed data on imports and exports at the firm–product-market level, we document substantial churning in both imports and exports for the...
Persistent link: https://www.econbiz.de/10013106194
This paper studies the behavior of the entire distribution of consumer prices across Russian regions over the decade of 2001–2010. The analysis uses non-parametric techniques, exploiting the distribution dynamics approach. The results obtained evidence that regional relative prices in Russia...
Persistent link: https://www.econbiz.de/10013071454
This article considers an aggregated market represented by a staples basket and analyzes changes in the degree of spatial integration of this market during 1992 to 2019. In an integrated market, interaction of demand and supply in the national market, and not in a regional market, determines the...
Persistent link: https://www.econbiz.de/10012834070
Based on a relationship between price difference and demand difference among locations, the role of various market frictions in causing segmentation of the Russian goods market is analyzed.The spatial sample covers most of Russian regions (70 of all the 89); the data are yearly, spanning 1992...
Persistent link: https://www.econbiz.de/10012723286
This paper analyzes the spatial structure of goods market integration in Russia, characterizing regions into three states: (a) integrated, (b) not integrated but trending toward integration, and (c) not integrated and not trending toward integration. Using time series of the cost of a staples...
Persistent link: https://www.econbiz.de/10012729586
Real estate development appraisal is a quantification of future expectations. The appraisal model relies upon the valuer/developer having an understanding of the future in terms of the future marketability of the completed development and the future cost of development. In some cases the...
Persistent link: https://www.econbiz.de/10012736406