Research output: Contribution to journal › Article › peer-review
Long-Term Evolution of Russia’s Market Integration. / Gluschenko, K. P.
In: Studies on Russian Economic Development, Vol. 32, No. 1, 01.2021, p. 78-86.Research output: Contribution to journal › Article › peer-review
}
TY - JOUR
T1 - Long-Term Evolution of Russia’s Market Integration
AU - Gluschenko, K. P.
N1 - Publisher Copyright: © 2021, Pleiades Publishing, Ltd. Copyright: Copyright 2021 Elsevier B.V., All rights reserved.
PY - 2021/1
Y1 - 2021/1
N2 - This article considers an aggregated national market represented by a staples basket and analyzes changes in its spatial integration during 1992 to 2019. In an integrated market, interaction of demand and supply in the national space, and not in a regional space, determines the regional price of a good. Based on this, the extent of dependence of regional prices on regional quantities demanded serves for measuring the degree of market integration.
AB - This article considers an aggregated national market represented by a staples basket and analyzes changes in its spatial integration during 1992 to 2019. In an integrated market, interaction of demand and supply in the national space, and not in a regional space, determines the regional price of a good. Based on this, the extent of dependence of regional prices on regional quantities demanded serves for measuring the degree of market integration.
KW - market integration
KW - price dispersion
KW - Russian regions
UR - http://www.scopus.com/inward/record.url?scp=85101912441&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/5cea5e30-29a1-3662-a345-724858dcd40b/
U2 - 10.1134/S1075700721010068
DO - 10.1134/S1075700721010068
M3 - Article
AN - SCOPUS:85101912441
VL - 32
SP - 78
EP - 86
JO - Studies on Russian Economic Development
JF - Studies on Russian Economic Development
SN - 1075-7007
IS - 1
ER -
ID: 28088822