Mengel, Caroline; Cramon-Taubadel, Stephan von - 2014
In a meta-analysis of spatial price transmission (PT) literature we aim to test for the presence of distance and border … them by airline distance and existence of a border. The findings indicate distance and border effects on both price …% compared with markets located in the same country. 1000 kilometers of distance reduces the probability of cointegration by 7 …