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Market Integration in the North American Onion Markets: An Empirical Analysis Using Panel Data

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Author Info
Susanto, Dwi
Rosson, C. Parr
Adcock, Flynn
Abstract

This study investigates the level of market integration in the North American Onion Markets. A two-sample period analysis shows an increase in the speed of price convergence overtime, suggesting deeper market integration as NAFTA was fully implemented. Further analysis showed that U.S.-Canadian markets have experienced deeper market integration compared with U.S.-Mexican markets as well as Canadian-Mexican markets.

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Paper provided by Southern Agricultural Economics Association in its series 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama with number 34897.

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Date of creation: 2007
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Handle: RePEc:ags:saeasm:34897

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Related research
Keywords: market integration; onion markets; panel data; price convergence; Marketing;

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  1. Goldberg, Pinelopi & Verboven, Frank, 2001. "Market Integration and Convergence to the Law of One Price: Evidence from the European Car Market," CEPR Discussion Papers 2926, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  2. David C. Parsley & Shang-Jin Wei, 1996. "Convergence to the Law of One Price Without Trade Barriers or Currency Fluctuations," NBER Working Papers 5654, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Stephen G. Cecchetti & Nelson C. Mark & Robert J. Sonora, 2002. "Price Index Convergence Among United States Cities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(4), pages 1081-1099, November. [Downloadable!] (restricted)
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This page was last updated on 2009-12-26.

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