| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Spatial Price Transmission in Kazakh Wheat Markets
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| Autores: |
Yakhshilikov, Yorbol
Brosig, Stephan
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| Data: |
2006-06-07
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| Ano: |
2006
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| Palavras-chave: |
Kazakhstan
Price transmission
Threshold VECM
Crop Production/Industries
Demand and Price Analysis
C22
Q13
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| Resumo: |
Reliable marketing opportunities in both interregional and international trade are an important precondition for further development of the agricultural sector. In this study we assess interregional integration of Kazakh wheat markets. We apply asymmetric threshold error correction models to assess the co-movement of elevator prices at three grain-trading spots in the northern and central parts of the country. Results suggest that markets of two northern grain-trading spots (Petropavlovsk and Kokshetau) are closely connected with each other while their connection with Karaganda in central Kazakhstan is much weaker. Here, levelling out price gaps through arbitrage trade only occurs after a threshold of considerable extent has been surpassed.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
22173
http://purl.umn.edu/25690
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| Editor: |
AgEcon Search
|
| Relação: |
International Association of Agricultural Economists>2006 Annual Meeting, August 12-18, 2006, Queensland, Australia
Poster Paper
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| Formato: |
11
application/pdf
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