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A Disaggregated Analysis of Product Price Integration in the Southern African Development Community

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  • Asha Sundaram
  • Lawrence Edwards
  • Neil Balchin

Abstract

Integrated product markets are characterised by the absence of (or very low) barriers to commerce and the movement of goods. More integrated product markets are expected to experience higher volumes of bilateral trade, stronger competition and greater convergence in relative prices. Progress towards greater market integration should be reflected in lower price differentials for similar […]

Suggested Citation

  • Asha Sundaram & Lawrence Edwards & Neil Balchin, 2014. "A Disaggregated Analysis of Product Price Integration in the Southern African Development Community," Working Papers 421, Economic Research Southern Africa.
  • Handle: RePEc:rza:wpaper:421
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Mamello A Nchake & Lawrence Edwards & Tresor N Kaya, 2019. "The Size of the Border and Product Market Integration Between Lesotho and South Africa: A Production–Consumption Approach," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 28(1), pages 70-88.
    2. Robinson, Amanda Lea, 2016. "Internal Borders: Ethnic-Based Market Segmentation in Malawi," World Development, Elsevier, vol. 87(C), pages 371-384.
    3. A. Nchake Mamello & Edwards Lawrence & N. Kaya Tresor, 2017. "Working Paper 272 - Price effects of borders between Lesotho and South Africa," Working Paper Series 2389, African Development Bank.
    4. Mike Nyawo & Neil Rankin, 2020. "Price adjustment after hyperinflation in Zimbabwe," African Development Review, African Development Bank, vol. 32(2), pages 240-256, June.
    5. Bouët, Antoine & Cosnard, Lionel & Laborde, David, 2017. "Measuring Trade Integration in Africa," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 32(4), pages 937-977.
    6. Bouët, Antoine & Cosnard, Lionel & Laborde, David, 2017. "Measuring Trade Integration in Africa," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 32(4), pages 937-977.
    7. Bernard Hoekman & Dominique Njinkeu, 2017. "Integrating Africa: Some Trade Policy Research Priorities and Challenges," RSCAS Working Papers 2017/43, European University Institute.

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    More about this item

    Keywords

    Africa; Law of one price; Panel data; Price dispersion; Price Integration; Product market integration; Retail prices; SADC; Trade Policy;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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