Crime and Prices
The impact of organized crime on inter-regional price disparities in Russia is estimated for each year from 1992 to 2000, and over the panel of 1993-2000, using a sample of 70 Russian regions, and that of 50 regions from the European part of the country. The relationship between prices and crime is, for the most part, statistically significant and positive. Organized crime considerably contributes to the average cross-region price dispersion. However, the effect of organized crime has been diminishing over time.
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References listed on IDEAS
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- Konstantin Gluschenko, 2004.
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International Journal of Finance & Economics,
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- Konstantin Gluschenko, 2003. "Market integration in Russia during the transformation years," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 11(3), pages 411-434, 09.
- Gluschenko, Konstantin, 2002. "Market Integration in Russia During the Transformation Years," Economics Series 116, Institute for Advanced Studies.
- Berkowitz, Daniel & DeJong, David N. & Husted, Steven, 1998. "Quantifying Price Liberalization in Russia," Journal of Comparative Economics, Elsevier, vol. 26(4), pages 735-760, December. Full references (including those not matched with items on IDEAS)
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