Long-Term Evolution of Russia’s Market Integration

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Original languageEnglish
Pages (from-to)78-86
Number of pages9
JournalStudies on Russian Economic Development
Volume32
Issue number1
DOIs
Publication statusPublished - Jan 2021

Keywords

  • market integration
  • price dispersion
  • Russian regions

OECD FOS+WOS

  • 5.02 ECONOMICS AND BUSINESS

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