Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/72707 
Year of Publication: 
2007
Series/Report no.: 
Reihe Ökonomie / Economics Series No. 221
Publisher: 
Institute for Advanced Studies (IHS), Vienna
Abstract: 
In the context of integrated market, a price of any product in regions depends on its demand in a national market rather than in a regional one. Applying the econometric model based on this theoretical statement, the paper assesses to degree the markets of some food products are integrated. The fact that since nearly 1994 the growth of segmentation in such markets changes to the tendency of their integration has been observed. We conclude that there is an integrated food market in Russia; and its integration has been just the same as that one in the countries of developed market economy.
Subjects: 
price dispersion
market integration
food markets
Russia
Russian regions
JEL: 
K49
P22
P37
R19
Document Type: 
Working Paper

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