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A Note on Price Behavior in Urban Pakistan

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  • James Herndon

Abstract

This article examines the price behavior of consumer goods in the strategically vital country of Pakistan. Results show that prices converge both temporally and spatially. A wage‐adjusted Consumer Price Index shows that Pakistani cities have converging costs of living. Finally, a novel measure of cointegration ranks the most and least economically integrated cities. Divergence does not occur along provincial, linguistic, or ethnic boundaries.

Suggested Citation

  • James Herndon, 2020. "A Note on Price Behavior in Urban Pakistan," Southern Economic Journal, John Wiley & Sons, vol. 86(3), pages 1214-1221, January.
    • Handle: RePEc:wly:soecon:v:86:y:2020:i:3:p:1214-1221
    DOI: 10.1002/soej.12412
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    References listed on IDEAS

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