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Пространственная Интеграция Региональных Рынков Сибири
[Spatial Integration of Siberian Regional Markets]

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  • Gluschenko, Konstantin

Abstract

This paper analyzes integration of 13 regions constituting Siberia with all country’s regions. The criterion of market integration is the law of one price. The data analyzed are time series of the cost of the staples basket over 2001–2015. Pairs of regional markets are divided into four groups: perfectly integrated, conditionally integrated, not integrated but tending towards integration (converging), and neither integrated nor converging.

Suggested Citation

  • Gluschenko, Konstantin, 2018. "Пространственная Интеграция Региональных Рынков Сибири [Spatial Integration of Siberian Regional Markets]," MPRA Paper 88920, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:88920
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    References listed on IDEAS

    as
    1. Konstantin Gluschenko, 2021. "Spatial pattern of Russia’s market integration," Spatial Economic Analysis, Taylor & Francis Journals, vol. 16(4), pages 449-470, October.
    2. Anna Vladimirovna Stupnikova, 2015. "The Sanctions’ Impact on the Integration Level of the Russian Market of Vegetables," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 3, pages 74-96.
    3. Akhmedjonov, Alisher & Lau, Chi Keung, 2012. "Do energy prices converge across Russian regions?," Economic Modelling, Elsevier, vol. 29(5), pages 1623-1631.
    4. B. L. Gardner & G. C. Rausser (ed.), 2001. "Handbook of Agricultural Economics," Handbook of Agricultural Economics, Elsevier, edition 1, volume 1, number 2.
    5. Fackler, Paul L. & Goodwin, Barry K., 2001. "Spatial price analysis," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 17, pages 971-1024, Elsevier.
    6. B. L. Gardner & G. C. Rausser (ed.), 2001. "Handbook of Agricultural Economics," Handbook of Agricultural Economics, Elsevier, edition 1, volume 1, number 1.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    market integration; law of one price; price convergence; nonlinear trend; Russian regions;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • P22 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Prices
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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