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Testing Onion Market Integration in Pakistan

Author

Listed:
  • Heman D. Lohano

    (Department of Agricultural Economics, Sindh Agriculture Economics, tando Jam, Sindh.)

  • Fateh M. Mari

    (Department of Agricultural Economics, Sindh Agriculture Economics, tando Jam, Sindh.)

  • Rajab A. Memon

    (Center of Rural Development Communication, University of Sindh, Jamshoro, Sindh.)

Abstract

This paper analyses spatial market integration using monthly wholesale real price of onion in four regional markets located in each of the four provinces of Pakistan. Unit root test indicates that the price series in each location are stationary, and the series are represented as autoregressive model for eachlocation. The error correction model results show that the regional markets of onion have strong price linkages, and thus are spatially integrated.

Suggested Citation

  • Heman D. Lohano & Fateh M. Mari & Rajab A. Memon, 2005. "Testing Onion Market Integration in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(4), pages 717-728.
    • Handle: RePEc:pid:journl:v:44:y:2005:i:4:p:717-728
    as

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    References listed on IDEAS

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