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Author: | Gluschenko, K. |
Title: | Market integration in Russia during the transformation years |
Journal: | Economics of transition
2003 : VOL. 11:3, p. 411-434 |
Index terms: | Integration Prices Transition economies Russia |
Language: | eng |
Abstract: | This paper uses a cross-sectional relationship among Russian regions between price dispersion and per capita income dispersion to measure the degree of integration between regional commodity markets. The sequence of cross-sectional estimations for each month of the period 1992-2000 provides the temporal pattern of market integration in Russia, yielding an integration trajectory. |
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