TESTING FOR INTEGRATION IN EUROPEAN-COMMUNITY AGRICULTURAL PRODUCT MARKETS

被引：32
|
作者：
ZANIAS, GP
机构：
[1] Department of Agricultural Economics, Agricultural University of Athens, Athens, 11855
来源：
JOURNAL OF AGRICULTURAL ECONOMICS | 1993年 / 44卷 / 03期
关键词：
D O I：
10.1111/j.1477-9552.1993.tb00284.x
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
The degree of spatial market integration in European Community agricultural product markets is investigated. The methodology is based on co-integration analysis. A two-step testing procedure is applied to test the existence of the 'Law of One Price' which should be in force if these markets are truly integrated. The results show that market integration has not been achieved in a number of cases even when MCAs are subtracted from the price series used.
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页码：418 / 427
页数：10
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