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Spatial Price Analysis: A Methodological Review

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  • Fackler, Paul L.

Abstract

Empirical methods of dynamic spatial price analysis are reviewed. Emphasis is given to interpreting these methods in the context of economic models of price determination, including both point-location and agents-on-links models. This focus calls into question or sheds new light on a number of standard practices, including the market integration criteria of Ravallion and Timmer, the use of impulse analysis and Granger-causality.

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Handle: RePEc:ags:nc8191:285657
DOI: 10.22004/ag.econ.285657
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